Egypt’s Finance Minister Mohammed Maait harassed that his nation was able to dealing with with flexibility the speedy international financial modifications which can be immediately impacting customers and public insurance policies.

He made his remarks on Saturday whereas presenting the efficiency indicators for 2021/2022, saying Egypt was one of many few nations that achieved a surplus of 1.three p.c final 12 months in comparison with different rising nations that achieved a preliminary deficit of 4.7 p.c.

“This displays our capacity to flexibly adapt to international financial modifications whereas sustaining a secure financial path,” he remarked.

The minister met with the British Ambassador to Cairo, Gareth Bailey.

Maait expressed Egypt’s curiosity in boosting the decades-long cooperation in manufacturing forex.

This may profit Egypt’s future ambitions and bolster its capacity to satisfy native and regional market calls for.

For his half Bailey, mentioned his nation helps Egypt’s improvement efforts in numerous fields in order that it could possibly meet the wants of its residents and enhance their residing requirements and providers.

The ambassador expressed the will to discover alternatives for cooperation within the subject of coinage between the 2 nations’ mints in a means that advantages their mutual pursuits and enhances their partnership.