CAIRO – 20 October 2024: During his speech at the World Conference on Population, Health, and Human Development, President Abdel Fattah El-Sisi confirmed that Egypt lost approximately $6 to $7 billion over just 10 months due to regional circumstances, underscoring the challenges posed by the global and regional economic environment. El-Sisi outlined the significant progress Egypt has made since the turbulent events of 2011, which left the country grappling with severe economic conditions and widespread security instability. El-Sisi noted that the Egyptian government adopted a strategic approach based on balanced, integrated, and interconnected solutions. One of the key achievements highlighted by the president was the successful implementation of the economic reform program, which played a crucial role in reviving Egypt’s economy and restoring investor confidence. The president's speech served as both a reflection on Egypt's resilience and a call to action for further collaboration and support to navigate the ongoing economic challenges.

Source: Egypt Today October 20, 2024 13:09 UTC