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Government coordinates to ensure market stability
The article focused on the efforts of the Egyptian government, led by Prime Minister Mostafa Madbouly, to maintain market stability and strategic reserves within the framework of the economic reform program. During the meeting, praise was given for the performance of the balance of payments during the fiscal year 2025-2026, as the deficit improved to approximately $1.8 billion, reflecting increased flows from foreign direct investment, improved tourism revenues, and rising exports of oil and non-oil goods. Additionally, steps undertaken by Egypt to facilitate investment were reviewed, including its accession to the Investment Facilitation Agreement with the European Union, which aims to enhance the business environment and attract investments. The participants reaffirmed their commitment to continuing economic reforms and policies that promote financial stability and encourage the private sector, while coordinating efforts to ensure the availability of essential goods and to maintain strategic reserves—especially in light of escalating regional developments and their impact on global supply chains.
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