Dr. Sahar Nasr, Deputy Chair of the Senate's Economic Committee, has expressed her pride in being elected to the position, stressing that the current stage requires combined legislative and executive efforts to support comprehensive economic reform. She highlighted the committee's focus on supporting the national economy, empowering the private sector, and improving the business climate to increase productivity and create job opportunities for young people and women.
Dr. Nasr's comments came in a press statement to parliamentary reporters, where she emphasized the committee's goal of improving the living standards of Egyptian citizens and achieving sustainable development that benefits everyone. She noted that the committee will focus on providing innovative legislative studies and visions to overcome obstacles facing investors and enhance international and local confidence in the Egyptian economy.
The committee's efforts will also focus on supporting small and medium-sized enterprises, with a particular emphasis on directing support to Upper Egypt and border regions, as well as the "Decent Life" initiative. Dr. Nasr has actively contributed to discussions on the country's economic and social development plan and state budget, highlighting the importance of empowering women economically.
Dr. Nasr has previously presented a legislative impact study on the Companies Law No. 159 of 1981, which resulted in decisive recommendations that keep pace with digital transformation and establish governance, disclosure, and economic empowerment for women. Her work has been instrumental in shaping the country's economic policies.
The Egyptian government has been working to improve the business climate and attract foreign investment, with a focus on implementing structural reforms and promoting economic growth. Dr. Nasr's committee will play a crucial role in supporting these efforts and ensuring that the country's economic policies are aligned with the needs of its citizens.
Dr. Nasr's election as Deputy Chair of the Economic Committee reflects her expertise and experience in economic policy-making. Her priorities for the committee's work will have a significant impact on the country's economic development and growth.
The committee's work will be closely watched by investors, policymakers, and citizens, who are eager to see tangible results from the country's economic reform efforts. With Dr. Nasr at the helm, the committee is well-positioned to make a positive impact on Egypt's economic future.
Key points
- Dr. Sahar Nasr emphasizes improving business climate to boost Egypt's economy
- Committee to focus on supporting small and medium-sized enterprises
- Dr. Nasr's work aims to empower women economically and promote sustainable development
