Al-Sisi calls for further deflation, debt cut, and stronger foreign currency inflows

Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to bring down inflation and public debt, increase foreign currency inflows and maintain sufficient foreign exchange reserves to cover the country’s strategic import needs. Al-Sisi issued the directives during separate meetings with Prime Minister Mostafa Madbouly, Central Bank of Egypt (CBE) Governor Hassan Abdalla […]