CAIRO, April 29 (Reuters) - Egypt will meet its
financial commitments and not back down in its privatisation
programme, Prime Minister Moustafa Madbouly said on Saturday.
Bigger state companies would be offered for sale and the
delay in doing so up to now was because of the government’s
keenness to secure “the best return from the sale,” he told a
press conference.
“Egypt will continue its IPO program and will not retreat,”
Madbouly said.
(Reporting and wrtiing by Omar Abdel-Razek; Editing by Andrew
Heavens)
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