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Will the foreign exchange crisis in Egypt end soon?

Prime Minister Mostafa Madbouly assured Saturday that Egypt’s currency crisis is “transient” and will come to an end soon.
21.11.23 | Source: Egypt Independent

In an interview during a press conference that took place on his inspection tour for several factories in the Tenth of Ramadan City, he said: “The most important thing is what comes after that and the lesson we have learned from the global and economic crisis is that we, as a country, must possess our production capabilities and products to the greatest extent possible.”

The Prime Minister further touched on the topic of industry in Egypt, assuring that it tops the government’s work priorities, alongside working to encourage the private sector to play its role in leading the Egyptian economy in various development activities, particularly the industrial sector.