Gradual Stability in Remittances of Egyptians Abroad

  • Cairo, Arab Republic of Egypt
  • 14 March 2024
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Dr. Mostafa Madbouly, Egyptian Prime Minister, stressed, "The current stage is witnessing many positive indicators, on top of which is the gradual return of remittances of Egyptians abroad. This comes in light of the decline of the black market, given that there is no difference between the official price and the black market price, as well as the campaigns currently waged by the Ministry of Interior against currency traders."

He stressed that efforts are continuing to complete the path of economic reform, in coordination between the government and the Central Bank, pointing to building on the positive results of recent decisions, which contributes to restoring full confidence, providing the required resources of foreign exchange, and attracting foreign investments.

Source (Al-Khaleej Emirati Newspaper, Edited)

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