Prime Minister Mostafa Madbouly met this evening with Central Bank Governor Hassan Abdullah to follow up on ongoing efforts to align fiscal and monetary policies in support of Egypt’s economic stability.
The meeting underscored the importance of continued coordination between government fiscal measures and Central Bank monetary policy to preserve recent positive indicators and strengthen resilience. Discussions focused on ensuring adequate reserves of essential commodities, petroleum products, and production inputs to safeguard supply chains and meet citizens’ needs.
Officials confirmed that financial resources are secured to cover strategic requirements, including fuel supplies for power stations during the summer peak. This step is aimed at maintaining electricity grid stability and meeting rising energy demand.
