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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

Egypt Finance Ministry Stresses Flexibility in Handling Global Economic Changes

In this file a man counts Egyptian pound banknotes at a currency exchange shop in downtown Cairo on November 3, 2016. (AFP)

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.

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