Monday 10 Mar
Prime Minister Dr. Moustafa Madbouly met Sunday evening at the government headquarters in the New Administrative Capital, with Mr. Hassan Abdullah, Governor of the Central Bank, to follow up on a number of files.
Counselor Mohamed El-Homossany, the official spokesman for the Presidency of the Council of Ministers, announced that the country's foreign exchange reserves are at reassuring levels, bolstered by various sources of dollar inflows.
He further stated that the meeting underscored the positive
impact of adequate dollar resources on the provision of essential goods to
citizens and production inputs to factories.
He noted that the meeting underscored the continued
commitment to increasing dollar revenues and fostering government-Central Bank
coordination to uphold a flexible and unified foreign exchange rate.
Prime Minister Madbouly expressed his gratitude to the Governor of the Central Bank for their work in securing dollar requirements, which has facilitated the maintenance of reassuring stocks of various goods, petroleum products, and production inputs for factories.
