Egypt Moves from Near Collapse in 2014 to Economic Stability, PM Says

Egypt Moves from Near Collapse in 2014 to Economic Stability, PM Says
Egypt Moves from Near Collapse in 2014 to Economic Stability, PM Says

 

Egyptian Prime Minister Dr. Mostafa Madbouly stated that the country has undergone a significant transformation since 2014, moving from a period of severe economic strain to a more stable and resilient economic foundation.

Speaking during the weekly cabinet meeting in the New Administrative Capital, Madbouly highlighted major improvements in key sectors such as healthcare and education, stressing that these developments reflect a broader vision to build a modern state focused on human development.

The Prime Minister emphasized that structural economic reforms have led to noticeable improvements in financial and economic indicators, with the private sector playing a central role as a strategic partner in national development.

He also referred to recent high-level meetings aimed at strengthening financial and monetary stability, accelerating fiscal sustainability, and maintaining a downward trend in inflation rates.

Madbouly concluded by reaffirming the government’s commitment to continuing economic reforms, improving the business environment, attracting investment, and expanding service and development sectors to enhance living standards and ensure long-term economic growth.

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