Egypt’s Prime Minister Mostafa Madbouli chaired a meeting of the Central Crisis Management Committee on Monday evening to follow up on the impact of the military escalation in the region. The meeting included senior ministers and officials from finance, foreign affairs, petroleum, investment, planning, and the central bank.
Madbouli said the committee will meet regularly to monitor developments, especially the ongoing US-Israeli operations in Iran, and their effects on the region and Egypt. He stressed Egypt’s continued diplomatic efforts to contain the crisis and condemned repeated Iranian attacks on Gulf states, Iraq, and Jordan. He affirmed Egypt’s full solidarity with Arab countries and rejected violations of their sovereignty, noting that Arab security is part of Egypt’s national security.
Government spokesman Mohamed El-Homsany said the meeting reviewed scenarios to protect the local market. The committee approved measures to cut spending and consumption, including canceling official events, reducing travel, and limiting training programs. Plans also include stricter control of street lighting, fuel use, and expanding gas-powered and electric vehicles. Imports of non-essential goods will be reduced.
The Prime Minister stressed the need to boost foreign currency resources and accelerate the privatization program. The meeting also discussed support for low-income citizens, including raising the minimum wage. Ministers reviewed the impact on tourism and petroleum, with reports of rising energy prices and field closures.
