The ministerial economic committee reviewed on Monday 30/5/2016 the outcome of a visit paid by Minister of International Cooperation Sahar Nasr to Indonesia.

The meeting also tackled a visit of Sigmar Gabriel, Vice Chancellor of Germany to Egypt.

The meeting tackled the measures taken and preparations made by the government in order to ensure the stability of commodity prices and to provide the basic commodities to citizens, especially with the holy month of Ramadan approaching

Present at the meeting were Prime Minister Sharif Ismail and ministers of planning, supply, international cooperation, trade and industry, finance, public business sector, tourism and investment.

The committee tackled a decision to follow up deals agreed upon during Gabriel's visit to Egypt to promote constructive cooperation between both countries along with supporting the distinguished projects carried out by Germany in Egypt, particularly in the electricity sector, and available investment opportunities in the Suez Canal development project.

The committee also tackled Nasr's visit to Indonesia and her talks with head of the Islamic Development Bank group.

During the visit, the Bank official stressed keenness on financing the projects being implemented in Egypt with an amount hitting 2 billion dollars.