Egypt's economic growth in 2015 will be pro-poor: Planning minister

Ashraf El-Araby, minister of planning and administrative reform, is foreseeing a year full of economic news. In January, the long-awaited IMF report on Egypt’s economy (the Article IV Consultation Report) will be published. The government is optimistic to see the report emerge "with a positive tone," hopes El-Araby. "I am sure there will be a lot of suggested reforms, but the discussions we had with the delegation were overall positive." For him, it is a very important report because it is the first in four years, and also "the first international report to assess the new economic policies introduced in the country."

In February, the consultation consortium Dar El-Handassa will announce the master plan of the Suez Canal Development Project. "It is a cornerstone for the development of this region. It includes three main cities: Port-Saïd, Ismailia and Suez, in addition to the north and south of the Sinai Peninsula."