The Egyptian economy is expected to be one of the largest 30 economies in the world in 2030, Yasser ElKady – HP Egypt Managing Director and Ex-First Assistant to The Minister of Investment – said Tuesday.
Elkady made these remarks during his interview in “60 minutes” radio show presented with media figure Dina Abdel Fattah on Radio Masr.
He added that the Egyptian economy is currently facing lots of challenges and obstacles.
Egypt is economically ranked 41 among a number of world’s states despite potentials and capabilities Egypt owns that can push the macroeconomics forward and put the North African country in a place equal to the largest economies in the world, ElKady stated.
ElKady said that the Egyptian economy has declined due to Egypt’s lack for the ability to have clear long-term economic vision.
Moreover, Elkady has discussed means of developing Egypt’s economy as whole and how to upgrade health and education systems as they are the key factors behind state’s progress.
