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Government and Central Bank jointly focus on lowering prices: Inflation relief a top priority

Government and Central Bank jointly focus on lowering prices: Inflation relief a top priority

Prime Minister Mostafa Madbouly discussed cooperation efforts with Governor of the Central Bank of Egypt, Hassan Abdullah, focusing on collaborative efforts in the upcoming period.

Highlighted was the importance of ongoing cooperation to increase dollar inflows from various revenue streams such as exports, foreign direct investments, and tourism for bolstering foreign exchange reserves, aligning with the President’s directives.

In a recent meeting, Prime Minister Mostafa Madbouly and Governor of the Central Bank of Egypt, Hassan Abdullah, emphasized the need for collaboration between the government and the Central Bank. The discussion revolved around increasing dollar inflows through exports, investments, and tourism to boost foreign exchange reserves. This partnership is essential in achieving the government’s and the Central Bank’s objectives in line with the President’s guidance. Such cooperation is crucial for the economic stability and growth of Egypt.\



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