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| 6 october, Egypt

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6 october

Egypt

Telephone: +2001003805152

beta gardenz compound

6 october

Egypt

Telephone: +2001003805152

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The ministry underlined that merely 0.3 percent of grants got rejected, mostly because of not submitting the necessary documents.

Hassan El-Khatib, Minister of Investment and Foreign Trade, highlighted the vital contribution of Egyptians working abroad to the country's economy.

Data from the Central Bank of Egypt (CBE) showed that the monthly core inflation rate was 0.9 percent in December 2024.

The law specifies that the increase in Egypt's contribution to the IMF comes with a reservation.

Looking ahead, the minister expressed optimism about a significant decline in inflation rates and financing costs in 2025.

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