Egypt’s Sisi reviews macroeconomic indicators with key officials

Egypt’s President Abdel Fattah al-Sisi on Monday reviewed macroeconomic indicators with Prime Minister Moustafa Madbouly and Central Bank Governor Hassan Abdalla.

During the meeting, the President was updated on the banking sector, monetary policy, exchange rates, inflation-fighting CBE strategies, and efforts to boost foreign currency reserves.

In light of these discussions, President Sisi instructed the CBE and the banking industry to supply necessary manufacturing materials to support important industries for Egypt’s economic growth.

Attribution: Spokesman for the Egyptian Presidency statement

Subediting: M. S. Salama