WEF report has no assessment of Egypt during last 2 years

The Investment Ministry said on Monday that the "Inclusive Growth and Development Report 2017" issued by the World Economic Forum in Davos assessed the period from 2011 until 2015, during which Egypt went through several challenges following the January revolution.

However, during the past two years, which were not included in the report, the political leadership succeeded in achieving political and security stability as well as developing infrastructure, namely the road networks, power plants and ports, which are the foundations for luring investments, the ministry said in a statement.

Egypt should not be compared with all 109 countries assessed in the report, but should be only compared with the 79 developing countries, it said.

Egypt should also be compared with the 37 countries with low income segments, it added.