Tunis:Egypt's Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates, Badr Abdelatty, has commended the strong coordination between Egypt and the World Bank Group. This follows the completion of the second phase of the Development Policy Financing Framework, with hopes for the final phase's completion.

According to State Information Service Egypt, Abdelatty's comments came during a meeting with World Bank Chief Economist and Senior Vice President for Development Economics, Michael Kremer. The meeting was also attended by Planning and Economic Development Minister Ahmed Rostom.

The discussions included Egypt's national economic transformation program, which aims to build on existing reforms to enhance competitiveness, strengthen economic resilience, increase exports, generate employment, and improve living standards. Abdelatty emphasized the country's privatization efforts and the improvement of state-owned company management, acknowledging the World Bank's technical assistance and support in capacity building.

Additionally, the talks addressed cooperation on food security, agricultural technology, and soil productivity to advance sustainable development. Minister Rostom expressed appreciation for the World Bank's support of Egypt's economic reforms and national development initiatives.