Egypt seeks unified dollar exchange rate in short term – PM

Egypt is seeking to unify a stable dollar exchange rate in the coming short term, Prime Minister Mostafa Madbouly stated on Tuesday.

Madbouly also said that Egypt is keen on providing incentives to motivate serious investors.

It also aims to facilitate procedures and eliminate obstacles for those investors, Madbouly added.

In the statement, he also referred to directives which help grant priority to local products in government contracts.