Egypt works hard to fight the current and future inflation, maintain growth, and protect jobs. This is a very difficult formula to keep investments and put inflation under check, which the Central Bank of Egypt (CBE) is currently struggling about. Nevertheless, some other central banks are accused of acting late, according to Governor of the CBE Tarek Amer. Amer also said: “I believe African problems need African solutions. At the CBE, we cooperate with the community to find solutions to our problems.

Source: The North Africa Journal June 16, 2022 07:13 UTC