Egypt’s Finance Minister Mohammed Maait stressed that his country was capable of handling with flexibility the rapid global economic changes that are directly impacting consumers and public policies.
He made his remarks on Saturday while presenting the performance indicators for 2021/2022, saying Egypt was one of the few countries that achieved a surplus of 1.3 percent last year compared to other emerging countries that achieved a preliminary deficit of 4.7 percent.
“This reflects our ability to flexibly adapt to global economic changes while maintaining a safe economic path,” he remarked.
The minister met with the British Ambassador to Cairo, Gareth Bailey.
Maait expressed Egypt’s interest in boosting the decades-long cooperation in manufacturing currency.
This will benefit Egypt’s future ambitions and bolster its ability to meet local and regional market demands.
For his part Bailey, said his country supports Egypt's development efforts in various fields so that it can meet the needs of its citizens and improve their living standards and services.
The ambassador expressed the desire to explore opportunities for cooperation in the field of coinage between the two countries' mints in a way that benefits their mutual interests and enhances their partnership.
