Bringing down prices: Government and Central Bank of Egypt prioritize inflation relief

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Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan Abdullah cooperation efforts between the government and the Central Bank.

Al-Homsani explained that the meeting focused on discussing the collaborative efforts between the government and the Central Bank in the upcoming period.

The importance of maintaining ongoing cooperation between both entities was highlighted, with a particular emphasis on increasing dollar inflows from various revenue streams such as exports, foreign direct investments, and tourism.

This is crucial for bolstering foreign exchange reserves, a key objective for both the government and the Central Bank in alignment with the directives of the President.

The post Bringing down prices: Government and Central Bank prioritize inflation relief appeared first on Egypt Independent.

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