We Need To Cut Inflation Rates To Protect Low-Income Brackets; President

President Mohamed Morsi asserted the importance of reducing inflation rates to protect low-income brackets.

The remark came during the president’s meeting with Central Bank of Egypt (CBE) Governor Hisham Ramez at the presidential palace, the presidency said in a press release on Sunday 19/5/2013.

The meeting reviewed Egypt’s current economic situation, especially the foreign reserve.

Arabfinance