10 June 2014

Egypt: Sisi Discusses With CBE Governor Monetary Reserves

President Abdel Fattah el-Sisi met on Monday 9/6/2014 at Heliopolis Presidential Palace with Central Bank of Egypt (CBE) Governor Hisham Ramez to discuss the bank's monetary policies, increasing the country's foreign currency reserves and stabilizing the pound's exchange rates versus foreign currencies.

The CBE governor stressed the strength of the Egyptian banking system and expressed readiness to finance future economic growth projects with special focus on small- and medium-scale enterprises (SMEs) and the real estate mortgage program which has socio-economic dimensions.

MENA

Ads by Google

Copyright © 2014 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.