Major investments to be injected to stimulate economy, maintain balanced monetary policy

Mostafa Madbouly, Egypt's Prime Minister, confirmed that the Egyptian government has faced many challenges during COVID-19 crisis, and was able to make achievements by adopting a proactive methodology in dealing with the pandemic and limiting its health, social and economic repercussions.

The emergency financial package for the Egyptian economy, which President Abdel Fattah Al-Sisi had ordered, amounting to EGP 100bn, equivalent to 2% of the gross domestic product (GDP), has been spent efficiently, according to Madbouly.