Egyptian economy ready for kick-start

Minister of Finance Ahmad Galal said Egypt has been passing through an interim stage since January 2011, noting that the Egyptian economy is now ready to kick-start. In a statement on Tuesday, the minister said the interim phase was not an easy one, but at the same time, it was very important to help the country develop in the political domain. The current government is adopting a policy that is meant to ignite the economy through increase of government investments in infrastructure and rationalization of expenditure, he said. He noted that his ministry would continue its leading role to provide integrated statistics of the Egyptian economy.