Home » News » Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

10:43 PM Sunday, January 7, 2024

Books – Hassan Morsi:
Counselor Muhammad Al-Homsani, spokesman for the Council of Ministers, said that the final form of the Council of Ministers’ economic document enjoys clear participation from experts in all fields, so that the document is implementable in a number of development projects through financial and monetary policy and structural reform.

Al-Homsani confirmed, during a telephone conversation with journalist Ahmed Moussa, during the “On My Responsibility” program broadcast on “Sada El Balad” satellite channel, on Sunday evening, that the actual value of the pound in the coming years will reach 36 pounds against the dollar, noting that there are reports from institutions. International centers indicated that the price of the pound in the parallel market is higher than its value.

The government spokesman added that the state aims to increase dollar receipts to $300 billion annually, by increasing tourism revenues and remittances from Egyptian workers abroad.

Muhammad Al-Homsani continued, saying: There are reports from the International Monetary Fund that say that there are promising opportunities for the Egyptian economy in the coming years, despite the international challenges.

Read also:
Ministers: We are taking measures to increase the number of teachers appointed in the country

2024-01-07 20:43:00
#ministers #spokesman #expresses #surprise #pound #dollar

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.