All rights reserved to the presidency Copyright © 2020
Sunday, 21 December 2025 / 12:03 PM
Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly; Governor of the Central Bank of Egypt, Mr. Hassan Abdallah; and Minister of Finance, Mr. Ahmed Kouchouk.
Spokesman for the Presidency Ambassador Mohamed El-Shennawy said the President was briefed on mechanisms to enhance financial and monetary stability, as well as efforts to secure the financial requirements of key sectors so as to ensure meeting the needs of the local market, supporting the business environment, and fulfilling production and operational needs.
President El-Sisi emphasized the necessity to continue close coordination between the government and the Central Bank to follow-up on the priorities of the next phase in order to achieve integration ensuring the sustainability of the positive indicators of the Egyptian economy and to foster its resilience and flexibility in the face of challenges. The President stressed the importance of maintaining efforts to secure the availability of the necessary financial resources to support economic activity and achieve financial stability.
The meeting also discussed mechanisms for maintaining the downward trajectory of the inflation rate, following its decline in November 2025 on both a monthly and annual basis. This is to be pursued through ongoing oversight of policies and measures to regulate markets, boost the supply of basic commodities, and maintain price stability. During the meeting, the President also reviewed indicators pertaining to the fortification of the state's foreign currency reserves.
Furthermore, the meeting focused on fiscal policy developments and the improvement of budget indicators, including the achievement of the targeted primary surplus and the reduction of the budget debt-to-GDP ratio. President El-Sisi emphasized the vital need for concerted efforts by all state entities to reduce and improve the debt indicators of the budget entities as well as the debt servicing costs.
President El-Sisi directed the acceleration of the fiscal sustainability path, the strengthening of fiscal discipline, and the improvement of the debt structure so as to ensure the allocation of greater resources to service sectors and human development efforts. The President also gave directives to focus on increasing foreign exchange reserve levels and meeting the financing needs required to bolster development efforts.
Sunday, 21 December 2025 / 12:03 PM
Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly; Governor of the Central Bank of Egypt, Mr. Hassan Abdallah; and Minister of Finance, Mr. Ahmed Kouchouk.
Spokesman for the Presidency Ambassador Mohamed El-Shennawy said the President was briefed on mechanisms to enhance financial and monetary stability, as well as efforts to secure the financial requirements of key sectors so as to ensure meeting the needs of the local market, supporting the business environment, and fulfilling production and operational needs.
President El-Sisi emphasized the necessity to continue close coordination between the government and the Central Bank to follow-up on the priorities of the next phase in order to achieve integration ensuring the sustainability of the positive indicators of the Egyptian economy and to foster its resilience and flexibility in the face of challenges. The President stressed the importance of maintaining efforts to secure the availability of the necessary financial resources to support economic activity and achieve financial stability.
The meeting also discussed mechanisms for maintaining the downward trajectory of the inflation rate, following its decline in November 2025 on both a monthly and annual basis. This is to be pursued through ongoing oversight of policies and measures to regulate markets, boost the supply of basic commodities, and maintain price stability. During the meeting, the President also reviewed indicators pertaining to the fortification of the state's foreign currency reserves.
Furthermore, the meeting focused on fiscal policy developments and the improvement of budget indicators, including the achievement of the targeted primary surplus and the reduction of the budget debt-to-GDP ratio. President El-Sisi emphasized the vital need for concerted efforts by all state entities to reduce and improve the debt indicators of the budget entities as well as the debt servicing costs.
President El-Sisi directed the acceleration of the fiscal sustainability path, the strengthening of fiscal discipline, and the improvement of the debt structure so as to ensure the allocation of greater resources to service sectors and human development efforts. The President also gave directives to focus on increasing foreign exchange reserve levels and meeting the financing needs required to bolster development efforts.
All rights reserved to the presidency Copyright © 2020
All rights reserved to the presidency Copyright © 2020