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Egyptian Prime Minister Mostafa Madbouly chaired the weekly government meeting on Wednesday, outlining plans for economic development, education, and addressing the regional security situation. On the domestic front, Madbouly stated that ministries are finalising detailed work plans for the government’s program, which will be submitted to parliament as previously announced.

To bolster the economy and attract greater investment, Madbouly said the government is working with the Minister of Finance to finalise a recently announced package of tax incentives, and coordinating with the Minister of Investment and Foreign Trade to announce a new package aimed at encouraging both domestic and foreign investment.

These initiatives are expected to support economic growth and enhance Egyptian exports.

Madbouly also reiterated the government’s commitment to supporting the industrial sector, highlighting his recent visit to pharmaceutical factories in Sixth of October City.

He stressed the importance of developing, supporting, and localising the Egyptian pharmaceutical industry to meet domestic demand for medications and reduce reliance on imports.

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