Cabinet reviews political and economic reports

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Meeting under Prime Minister Ibrahim Mahlab on Wednesday, the cabinet discussed a number of security, political and economic files as well as the government’s efforts to solve pressing problems.

The meeting discussed the security plan to face Friday protests called for by the Islamist groups and the Muslim Brotherhood, branded a terrorist organisation.

Mahlab said the ministries of culture, religious endowments, education and higher education play a key role in confronting extremism.

The meeting also looked into a report on Egypt’s current foreign policy.

Efforts to lure more investments and prepare for the economic conference to take place in Sharm El-Sheikh on 13 March 2015 were also discussed in the meeting.

On the other hand, the cabinet agreed to provide cadres and technical specialisations necessary to run the Egyptian National Library and Archives, in preparation for reopening it.

Mahlab discussed a report on the buildings and facilities which were burnt or destroyed during and after the 25 January revolution. The report was referred to the ministries of planning and housing to prepare a study on how to renovate them.

In the same vein, the cabinet reviewed a number of economic issues. The ministers discussed the outcome of a visit by a delegation from the International Monetary Fund (IMF) to Egypt.

In its report, the IMF stressed that the Egyptian economy has begun to recover after more than three years of an economic slowdown. The IMF said the new policies adopted by the government are beginning to bear fruits.

The ministers reviewed the outcome of President Abdel-Fattah Al-Sisi’s visit to Italy, the Vatican and France to boost relations with these European countries.

A visit by South Sudan’s President Salva Kiir Mayardit to Cairo last week was also discussed.

The ministers also reviewed the outcome of a meeting between Prime Minister Mahlab and his South Korean counterpart Jung Hong-won in Cairo on 23 November.

It also approved a draft law on giving priority to Egyptian industrial products in governmental contracts. The step aims at encouraging  investors to pump more investments in the field of industry with the aim of creating more job opportunities for youths.

Furthermore, the cabinet approved a draft presidential decree on terrorist bodies.

The move comes as part of efforts to combat terrorism, which is currently threatening the country and region.

The blueprint stipulates that any group, organisation or association that commits any act with the aim of destabilising society or doing any harm will be classified as a terrorist group.