{"id":649873,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/"},"modified":"2017-03-12T04:13:43","modified_gmt":"2017-03-12T04:13:43","slug":"focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/","title":{"rendered":"Focus on transparency and removing bureaucracy, Ghanem tells Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt\u2019s next set of economic reforms should \u201cfocus on making its <\/strong><strong>bureaucracy more transparent for investors,\u201d<\/strong> World Bank MENA Vice-President Hafez Ghanem told <a href=\"http:\/\/www.reuters.com\/article\/us-worldbank-mideast-idUSKBN16G0X8\">Reuters<\/a>. Ghanem believes Egypt should implement reforms aimed at encouraging more private investment and moving away from subsidies toward targeted transfers for the poor. \u201cThe next set of reforms need to focus on the micro level, regulatory reforms, making the system more transparent, easier for investors to come and invest in Egypt,\u201d he says. Ghanem adds: \u201cWe need to see a big increase in private investment, and not just private investment by big companies, big ticket items. We need to see encouragement for SMEs, for young people to develop more entrepreneurship.\u201d Ghanem also praised the macroeconomic reforms taken so far on the FX front and the freer movement of capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s next set of economic reforms should \u201cfocus on making its bureaucracy more transparent for investors,\u201d World Bank MENA Vice-President Hafez Ghanem told Reuters. Ghanem believes Egypt should implement reforms aimed at encouraging more private investment and moving away from subsidies toward targeted transfers for the poor. \u201cThe next set of reforms need to focus [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649873","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bcebcbe9-63c3-4fc9-867e-689b18bd71a0","order":"0","is_powered_by":true,"section_story_id":"3ea0766c-19ef-45c7-9ef8-cd8202f19009","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649861],"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>Focus on transparency and removing bureaucracy, Ghanem tells Egypt - 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\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Focus on transparency and removing bureaucracy, Ghanem tells Egypt\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s next set of economic reforms should \u201cfocus on making its bureaucracy more transparent for investors,\u201d World Bank MENA Vice-President Hafez Ghanem told Reuters. Ghanem believes Egypt should implement reforms aimed at encouraging more private investment and moving away from subsidies toward targeted transfers for the poor. \u201cThe next set of reforms need to focus [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-12T04:13:43+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\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Focus on transparency and removing bureaucracy, Ghanem tells Egypt\",\"datePublished\":\"2017-03-12T04:13:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\"},\"wordCount\":143,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/focus-on-transparency-and-removing-bureaucracy-ghanem-tells-egypt\/\",\"name\":\"Focus on transparency and removing bureaucracy, Ghanem tells Egypt - 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