{"id":598824,"date":"2019-06-10T04:00:06","date_gmt":"2019-06-10T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/"},"modified":"2019-06-10T04:00:06","modified_gmt":"2019-06-10T04:00:06","slug":"maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/","title":{"rendered":"Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves"},"content":{"rendered":"<p><b>Finance Minister Mohamed Maait\u2019s speech at the G20 meeting of finance ministers<\/b> in Japan caught the attention of the nation\u2019s talking heads last night.<\/p>\n<p><b>Maait highlighted economic and fiscal sector reforms during the speech<\/b>, Al Hayah Al Youm\u2019s Lobna Assal reported (<a href=\"https:\/\/www.youtube.com\/watch?v=BcPJXNcwaf0\">watch, runtime: 2:45<\/a>). He provided the usual rundown of macroeconomic targets recently announced by the government, including the goal to grow the economy at a 6% clip in the coming fiscal year and reduce the budget deficit to 7.2% of GDP.<\/p>\n<p><b>The key takeaway from the speech:<\/b> Maait told the summit that the Sisi administration is engaging in a two-pronged strategy to stimulate economic growth: increasing government spending on healthcare and education (most notably though Egypt\u2019s expected nationwide insurance scheme under the Universal Healthcare Act) and raising levels of public investment to create jobs.<\/p>\n<p><b>Hona Al Asema\u2019s Reham Ibrahim, meanwhile, weighed in on a recent report by FocusEconomics<\/b> on Egypt\u2019s economic outlook (<a href=\"https:\/\/www.youtube.com\/watch?v=jwBDBujjD-8\">watch, runtime: 12:03<\/a>). We published a snapshot of the <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/09\/egypts-gdp-to-grow-5-5-over-the-coming-two-years-focuseconomics\/\">report\u2019s findings<\/a> in yesterday\u2019s issue.<\/p>\n<p><b>Ibrahim phoned Heliopolis Housing and Development (HHD) Managing Director Sahar Al Damati<\/b> for her two cents. The report\u2019s findings, which forecasts economic growth of 5.5% in both FY2019-2020 and FY2020-2021, are conservative, Al Damati claimed, suggesting that the figure will be closer to 6%. She justified this statement by citing higher FX reserves, falling public debt levels, a narrowing trade deficit, a primary budget surplus, and the ongoing major national projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Mohamed Maait\u2019s speech at the G20 meeting of finance ministers in Japan caught the attention of the nation\u2019s talking heads last night. Maait highlighted economic and fiscal sector reforms during the speech, Al Hayah Al Youm\u2019s Lobna Assal reported (watch, runtime: 2:45). He provided the usual rundown of macroeconomic targets recently announced by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9281],"tags":[104,2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598824","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-economy","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f762760c-573f-4a94-8596-9cb93a026721","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[598820],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves\" \/>\n<meta property=\"og:description\" content=\"Finance Minister Mohamed Maait\u2019s speech at the G20 meeting of finance ministers in Japan caught the attention of the nation\u2019s talking heads last night. 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He provided the usual rundown of macroeconomic targets recently announced by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-10T04:00:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves\",\"datePublished\":\"2019-06-10T04:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\"},\"wordCount\":256,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"economy\",\"Enterprise+: Last Night\u2019s Talk Shows\",\"EnterpriseAM\"],\"articleSection\":[\"Enterprise+: Last Night\u2019s Talk Shows\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/maaits-speech-to-g20-meeting-of-finance-ministers-dominates-egypts-airwaves\/\",\"name\":\"Maait\u2019s speech to G20 meeting of finance ministers dominates Egypt\u2019s airwaves - 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The government is constantly updating its forecasts for Egypt\u2019s economic growth as developments in the global economy\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562881,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/mohamed-maait-headlines-the-talk-shows-on-9-june-2021\/","url_meta":{"origin":598824,"position":1},"title":"Mohamed Maait headlines the talk shows on 9 June 2021","author":"enterpriseam admin","date":"9 June 2021","format":false,"excerpt":"Finance Minister Mohamed Maait has the Enterprise talk show section all to himself this morning after he dialled in to Kelma Akhira (watch, runtime: 25:14) and Yahduth fi Masr (watch, runtime: 2:13 | 3:08) last night to talk about the economy. Among the highlights was Maait\u2019s suggestion that we could\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603025,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/egypts-economy-is-doing-well-part-xxvi\/","url_meta":{"origin":598824,"position":2},"title":"Egypt\u2019s economy is doing well, part XXVI","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Finance Minister Mohamed Maait\u2019s talk about the IMF and World Bank\u2019s spring meetings was a big topic on the airwaves last night Egypt\u2019s economy is doing well, part XXVI: Egypt\u2019s economic reform program has received \u201cencouraging signs and praise songs from the local and international investment community,\u201d Maait said after\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593180,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/20\/last-nights-talk-shows-for-wednesday-19-november-2019\/","url_meta":{"origin":598824,"position":3},"title":"Last night\u2019s talk shows for Wednesday, 19 November 2019","author":"enterpriseam admin","date":"20 November 2019","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s participation in the G20 Compact with Africa summit was the number one topic on the airwaves on an otherwise quiet night. Al Hayah Al Youm covers the president\u2019s speech: Speaking on behalf of the continent as chair of the African Union, El Sisi called on\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":589300,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/25\/cabinet-ministers-talk-global-finance-egypt-india-relations-on-the-airwaves\/","url_meta":{"origin":598824,"position":4},"title":"Cabinet ministers talk global finance, Egypt-India relations on the airwaves","author":"enterpriseam admin","date":"25 June 2023","format":false,"excerpt":"Finance Minister Mohamed Maait says world in \u201crace against time\u201d to fix financing","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616768,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/11\/were-in-for-up-to-usd-9-bn-in-funding-from-the-world-bank-eu\/","url_meta":{"origin":598824,"position":5},"title":"We\u2019re in for up to USD 9 bn in funding from the World Bank, EU","author":"enterpriseam admin","date":"11 March 2024","format":false,"excerpt":"Egypt is expecting to secure a total of USD 20 bn in foreign support","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/825.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=598824"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598824\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598820"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598824"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598824"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}