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بوابة الفجر
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Planning Minister discusses food security and maritime routes
Egyptian Minister of Planning and Economic Development, Dr. Ahmed Rustom, participated in a high-level international meeting during his visit to Bangkok to strengthen food security and secure vital maritime corridors, especially amid geopolitical tensions and crises that impact supply chains and global markets. He emphasized that current conditions are increasing energy prices and transportation costs, calling for unconventional solutions such as joint commodity exchanges to diversify risks and ensure food shipment operations for affected countries. He noted that despite these challenges, the Egyptian economy maintained a growth rate of 5.1% last year, with foreign reserves rising and the financial balance improving, supported by better flows of tourism remittances and foreign investments. The government continues to implement measures to ensure energy stability and combat inflation.
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