Sisi directs inflation control, economic growth

Egypt’s President Abdel Fattah El-Sisi stressed the need to reduce inflation by closely monitoring targeted policies, ensuring the availability of essential goods, and maintaining price stability. The president made the remarks during a meeting on Saturday with Hassan Abdalla, Governor of the Central Bank of Egypt.

During the meeting, Sisi also directed strengthening mechanisms that support financial stability, transparency, and sustainable growth. He called for expanding incentives to maximise economic opportunities and enabling the private sector to drive growth and attract investment.

The meeting reviewed developments and achievements in the banking sector and monetary policy during 2025. Abdalla highlighted the continued financial soundness of the CBE and the efficiency of the banking system in supporting macroeconomic stability. He also discussed progress in financial inclusion, digital transformation, and the sector’s corporate social responsibility initiatives in health and education.

Attribution: Amwal Al Ghad English