Egyptian President Abdel Fattah El Sisi stressed the importance of continued close coordination between the government and the Central Bank of Egypt (CBE) to follow up on priorities of next phase in a way that would help achieve integration ensuring the sustainability of the positive indicators of the Egyptian economy and enhance its ability to withstand challenges with resilience and flexibility.
During a meeting held Sunday, between President Sisi and Prime Minister Mostafa Madbouli, CBE Governor Hassan Abdalla and Minister of Finance Ahmed Kouchouk, President Sisi also highlighted efforts meant to secure financial requirements needed to support economic activity and achieve financial stability.
The president reviewed mechanisms to enhance financial and monetary stability, as well as efforts to secure financial needs for key sectors, with a view to ensuring the availability of local market requirements, supporting business environment and meeting production and employment needs.
President Sisi called for a focus on increasing foreign currency reserve levels and meeting the necessary financing needs to support development efforts.
He underscored the importance of having all State institutions work together to reduce and improve debt indicators for budget entities, as well as the cost of debt servicing and the need to accelerate the path toward fiscal sustainability, strengthen fiscal discipline and improve the debt structure, as all drives would ensure that greater resources are directed to service sectors and efforts to enhance human development.
Official spokesperson for the Presidency ambassador Mohamed el-Shenawy said, the meeting also took up mechanisms to maintain the downward trajectory of the inflation rate, following its decline in November 2025 on both a monthly and annual basis, through continued monitoring of targeted policies and measures aimed at regulating markets, enhancing the availability of basic commodities and ensuring price stability.
The President was also briefed on indicators related to strengthening the State’s foreign currency reserves.
The spokesperson added that the meeting also addressed developments in fiscal policy and the improvement of budget indicators, including the achievement of the targeted primary surplus and the reduction of budget debt as a percentage of GDP.
