Prime Minister Mostafa Madbouly chaired a meeting of the economic ministerial group, stressing the need for close follow-up on economic files in light of ongoing regional military developments and their negative effects on global trade and supply chains. The meeting was attended by Deputy Prime Minister for Economic Affairs Hussein Eissa, Central Bank Governor Hassan Abdalla, Transport Minister Kamel el Wazir, Finance Minister Ahmed Kouchouk, Supply Minister Sherif Farouk, Investment Minister Mohamed Farid, Industry Minister Khaled Hashem, along with senior officials. For his part, the Premier reaffirmed the government’s commitment to economic reforms aimed at maintaining financial stability and improving the investment climate, while encouraging private sector expansion. Meanwhile, the finance minister said that reforms will continue to support economic activity, production, and exports through balanced fiscal policies and continued tax, customs, and real estate facilitation measures. They attendees also confirmed the availability of sufficient foreign currency reserves to secure essential imports and production needs.

Source: Egypt Independent March 25, 2026 12:54 UTC