Monday 25 Nov

News

Sisi orders supply boost for industry, production


Sisi orders supply boost for industry, production

President Abdel Fattah El-Sisi met, Monday, with Dr. Moustafa Madbouly, Prime Minister, and Hassan Abdullah, Governor of the Central Bank. During the meeting, they reviewed macroeconomic indicators.

The President was informed of positive trends in the banking sector, including monetary policy and exchange rate stability. Additionally, the Central Bank's strategies to mitigate inflationary pressures and bolster foreign exchange reserves were presented.

In this regard, the President directed the Central Bank and the banking system to continue providing the necessary requirements for production and industry in priority sectors, contributing to enhancing comprehensive economic growth in Egypt.