Egyptian Prime Minister Meets Central Bank Governor to Discuss Commodity Supply and Investment Stimulus
Mostafa Madbouly, Prime Minister of Egypt, met today at the government headquarters in the New Administrative Capital with Hassan Abdullah, Governor of the Central Bank of Egypt, to discuss coordination efforts between the government and the central bank on several key issues, primarily ensuring the availability of goods for citizens.
According to Mohamed El-Homssany, official spokesperson for the Prime Minister, the meeting covered important matters related to price stability and the availability of essential products, especially ahead of the upcoming Ramadan season.
The meeting also examined the impact of the Central Bank’s recent decision on Thursday, February 12, 2026, to reduce interest rates by 100 basis points, highlighting its potential to stimulate further investment across various sectors amid the continuous decline in deposit yields.