Egypt’s Prime Minister Announces Economic Decisions to Begin This Month

Dr. Mostafa Madbouly, the Prime Minister of Egypt, announced today that the government will start issuing decisions related to economic authorities within this month.

Speaking at a press conference following a cabinet meeting, Madbouly confirmed that several state-owned companies will be listed on the stock exchange before the end of September.

He emphasized that Egypt is maintaining a growth rate of 5.3 percent in its economy.

Additionally, he stated that Egypt aims to become one of the countries producing pharmaceutical raw materials.

Madbouly also assured that efforts are being made to ensure a stable electricity supply throughout the summer months.