Annual Meetings of Arab Financial Institutions and Funds
It is emphasized that this new economic trajectory will effectively align fiscal and monetary policies.
Prime Minister Madbouly commended the Arab financial institutions for their steadfast support of Egypt in recent years, which has contributed to the financing of major development projects in the country.
“Recent events, such as the Gaza conflict, COVID-19 pandemic, and European crises, have added to the region's challenges, affecting commodity prices, import costs, exports, and supply chains, leading to higher inflation and tighter monetary policies,” Al-Kuwari added
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