The meeting was attended by Dr. Rania Al-Mashat, Minister of
Planning, Economic Development and International Cooperation, and Ashraf Negm,
Vice Chairman and Managing Director of NIB.
Counselor Mohamed El-Homsany, the official spokesperson for
the Prime Minister’s Office, said the government is committed to strengthening
the bank’s role. He explained that NIB is regarded as a key economic and
investment arm supporting national development.
He added that the meeting also discussed progress in
settling NIB’s financial entanglements with state entities.
Dr. Al-Mashat highlighted the bank’s role in advancing
government investments and enhancing their efficiency. She emphasized its
contribution to Egypt’s economic and social development. She also pointed to
its role in financing, monitoring, and implementing projects to maximize their
development impact.
Negm outlined the debts already settled. He also reviewed
the steps underway to continue resolving these obligations.