President Abdel Fattah El Sisi said that the Egyptian economy is more capable than ever of facing challenges posed by the developments related to the international conditions and meet the aspirations of the Egyptian people.
This came in the president’s address before the G20 Compact with Africa (CwA) via video conferencing, Presidential Spokesman Ambassador Bassam Radi said in a statement on Friday.
German Chancellor Angela Merkel is participating in the fourth edition of the summit, along with the heads of African state and government, members of the G20 and a number of international institutions.
President Sisi’s participation in the event, which is initiated under the German G20 Presidency, is important as the summit provides a distinguished platform for expounding Egypt’s sustainable development achievements over the past years, said the spokesman.
The initiative is demand-driven and open to all African countries. Since its launch in 2017, twelve African countries have joined the initiative: Benin, Burkina Faso, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Guinea, Morocco, Rwanda, Senegal, Togo and Tunisia.
Source: State Information Service Egypt
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