Egypt has plan to provide hard currency, aware of price increase crisis
There is a plan to develop a vision for providing hard currency for the coming period until June 30, 2023, the Prime Minister, Mostafa Madbouli stated in a press conference, Wednesday.
Madbouli elaborated that the government is aware that there is a rise in prices.
“We are trying to reduce the burden on the citizens, and the government subsidizes the groups that need support," the Prime Minister stated.
He noted that most of the news on social media is directed at harming the Egyptian economy, Madbouli
Commenting on the dollar and gold prices, the PM said that the government has a plan to deal with the challenges resulting from the global crisis.
The government intervenes with a sensitive balance in the price increase crisis, because violence in dealing with the crisis will lead to the disappearance of goods, Madbouli said.
“National projects undertaken by the state provide millions of job opportunities for the youth,” Madbouli announced.