The transfer will primarily contribute to assembly the wants of native markets and neighboring nations, added Maait whereas reviewing financial efficiency indices for the previous fiscal yr throughout a gathering with British Ambassador in Cairo Gareth Bayley and his accompanying delegation.

The minister affirmed the nation is able to flexibly coping with financial modifications worldwide.

Egypt was amongst only a few nations that achieved an preliminary surplus at 1.three % within the earlier FY, in response to him.

In flip, Bayley mentioned the UK helps improvement efforts in Egypt in numerous fields, which purpose to boost the general public requirements of residing and providers supplied to folks nationwide.

He mentioned the UK is eager on exploring new horizons of cooperation in coinage business between the mint authorities within the two nations serving their joint pursuits.

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