Urgent .. President Sisi is following the developments of strengthening the performance of the banking sector and indicators of foreign exchange reserves
President Abdel Fattah El -Sisi met today, Dr. Mustafa Madbouly, Prime Minister, Mr. Hassan Abdullah, Governor of the Central Bank, and the team Ahmed Al -Shazly, Advisor to the President of the Republic for Financial Affairs. Among the local resources, in addition to informing the President of the indicators for strengthening the state reserves of foreign exchange. As a percentage of the gross domestic product, where the governor of the central bank indicated that this percentage is considered among the safe levels, stressing in the same context that local resources of foreign currency recorded a record & nbsp; during the month of August 2025, to ensure covering all local obligations and achieving an actual surplus. The president stressed the importance of focusing on increasing levels of foreign exchange reserves, and meeting the financing needs necessary to enhance development efforts, while continuing to provide the dollar resources sufficiently in a way that reflects positively on providing reassuring stocks of different goods, and working to reduce external debt, and also stressed the need to continue to work with a flexible exchange rate system.
>
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
