CAIRO, Dec 22 (MENA) – Prime Minister Mostafa Madbouli emphasized the government’s dedication to ensuring sufficient reserves of essential goods and products. This is part of coordinated efforts between the Central Bank of Egypt, the Ministry of Finance, and other key institutions.

During a meeting held at the new administrative capital, Madbouli, alongside the Governor of the Central Bank of Egypt (CBE) Hassan Abdallah and Finance Minister Ahmed Kojak, assessed the availability of strategic reserves. The meeting aimed to guarantee steady supplies in markets, enhance product availability, and control inflation.

For his part, the CBE Governor reaffirmed the importance of aligning fiscal and monetary policies to strengthen economic stability, manage inflationary pressures, and allocate financing to support private sector growth.

He noted that necessary foreign currency reserves are being allocated to secure essential goods and petroleum products. (MENA)
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