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PM Chairs Economic Ministerial Group Meeting to Review Economic Performance and Investment Flows

Cairo: Prime Minister Mostafa Madbouli chaired a meeting of the economic ministerial group on Thursday to review economic performance, inflation, and investment flows. The meeting was attended by Governor of the Central Bank of Egypt (CBE) Hassan Abdalla, along with the ministers of planning, finance, investment, and supply. The meeting focused on macroeconomic indicators, investment inflows, and inflation control. Updates were presented on low-interest credit initiatives for the private sector.According to State Information Service Egypt, the CBE governor reported continued efforts to control inflation while directing more credit to the private sector. Senior economist Dina Kassab noted that annual headline inflation dropped to 15.3% in Q2 2025 from 16.5% in Q1. Real GDP performance and an improved primary surplus were also discussed, reflecting better-than-budgeted growth for FY 2024/25.Meanwhile, Finance Minister Ahmed Kouchouk reported improved GDP growth and a higher primary surplus in FY 2024/25. Pu blic revenues and spending trends were also reviewed. Investment Minister Hassan El Khatib presented data showing stronger foreign investment in non-oil sectors between July 2024 and March 2025. Reforms to improve investment data and reporting were introduced.Head of the Export and Import Control Authority Essam El Naggar said that non-oil exports rose 22% in H1 2025. Gold exports increased 195%, followed by oil-based products at 69%. Minister of Planning, Economic Development, and International Cooperation Rania Al Mashat shared UN proposals on debt solutions and outlined cooperation with global development partners.

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