Egypt: Economic Group Discusses Development of Mineral Wealth

The Economic group, headed by Prime Minister Hazem El Biblawy, held its weekly meeting on Monday 9/12/2013.

The meeting was attended by Deputy Prime Minister and Minister of International Cooperation Ziad Bahaa El-Din, governor of the Central Bank, the ministers of agriculture, trade, industry, social solidarity, investment , financial, housing, and supply and oil.

During the meeting, the minister of petroleum presented a report on the ministry's efforts to develop the mineral wealth.

The meeting discussed a number of topics related to economic performance, the government's efforts to control the budget deficit and the current procedures for applying the minimum wage, as well as, the progress that has been at the level of implementing the emergency plan to stimulate the economy.

The meeting reviewed the positive results of the Egyptian-Gulf Investment Forum, which was held in Cairo.

The meeting also reviewed the procedures carried out by the Central Bank to maintain the stability of the foreign exchange market in addition to the efforts made by the Ministry of Supply to control the markets and to provide the basic commodities to citizens at affordable prices.

Ads by Google

Copyright © 2013 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.