وزيرة التخطيط المصرية لـCNBC عربية: 7 شركات تتنافس للاستحواذ على شركة "وطنية"
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00:00 We are working on the program of subsidies and state-funded investments
00:06 This is a main goal in the structural reforms plan and in the state ownership document
00:10 which is the state's state-funded investments and more private sector participation
00:16 As I said, we had a subsidy of $1.9 billion and there is a smoke-free eastern part
00:24 There are a number of initiatives, but all of them were tendered and competitive at the international level
00:34 This is a temporary solution, but some of them will be implemented by the end of October or November
00:41 such as the national company, wind energy projects, oil and saffron
00:50 This is a step forward, and hopefully by the end of the year, it will be implemented
00:57 But there is an acceptance, and a large number of companies, international and good companies, are accepting the investment
01:07 For the national company, and some companies have started the negative inspection for ignorance
01:13 When will the national subsidy procedures be terminated?
01:17 We expect, God willing, that October or November, at the very least
01:29 How many companies are in the box of the proposal?
01:33 There were 7 companies in the box, 3 of them were submitted in the deal in July
01:41 There are 4 companies left, and they are still in the process of being implemented
01:47 We have seen an increase in the capital of the Egyptian cash box, and how will this contribute to the strengthening and increasing of the investment?
01:56 We are talking about the international investment bonds
02:01 All of them are large in size, and some of them are worth trillions
02:07 We are entering into a lot of partnerships with the local and foreign private sectors
02:13 This will strengthen its ability and encourage more private sector companies to invest
02:19 It is also important to say that the state is dealing with the International Funding Foundation
02:23 In the proposal of some companies, and in the future vision of these companies
02:27 This is also important, and we are seeking the best international consultants in the proposal program
02:34 What are your expectations for the financial year 2022-2023?
02:38 We are still working on it, because there are still some data that were a little late
02:43 We were targeting the 4%
02:46 We may be a little short of this number, but we will be within these limits, God willing
02:51 Less than 4%?
02:52 A little less than 4%