The government is bearing the biggest part of the negative impact due to inflation that is, according to Ma’eit, “imported from abroad”. The Finance Ministry is ready to allocate finances needed to meet the basic demands of citizens, Ma’eit assured, noting that this is part of state efforts meant to boost social protection for all segments of society. Ma’eit believes that the new budget is capable of meeting all administrative and social protection commitments. According to Ma’eit, the Egyptian economic reform program could “absorb external shocks” and curb their consequences. The government would spare no effort to improve living conditions of citizens, Ma’eit assured.
