Prime Minister Mostafa Madbouly reviewed economic files during a meeting with Governor of the Centeral Bank of Egypt (CBE) Hassan Abdalla and Finance Minister Ahmed Kouchouk at the government headquarters in the New Capital. The meeting discussed coordination measures between the government and the Central Bank of Egypt to secure the financial resources needed to strengthen strategic reserves of various commodities, ensuring adequate supplies and availability at suitable prices.
Discussions covered strategic goods, petroleum products and production inputs, as part of efforts to maintain market stability and support economic activity. The meeting also reviewed a number of indicators related to the performance of the Egyptian economy, as well as developments in the global economy and the implications of challenges facing countries worldwide on macroeconomic conditions.
Participants examined ongoing coordination between fiscal and monetary policies and the role of such coordination in maintaining the downward trend in inflation rates. The meeting further reviewed indicators related to efforts to bolster Egypt’s foreign currency reserves to ensure the availability of essential requirements for production and industry in priority sectors, supporting comprehensive economic growth.
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