The Prime Minister held a meeting today to discuss the latest updates on the execution of the first phase of the Ras El-Hekma City Development Project and to review the status of compensation provided to residents in the area.
“Based on the recent economic developments in Egypt, we will have the opportunity to negotiate this matter with the IMF mission to review the program," Madbouly stated.
During the meeting, Madbouly emphasized the government’s commitment to closely monitoring the implementation of the export refund burden program
During the conference, he indicated that for the next 6 months, fuel prices will not be increased.
In a recent press conference following the weekly government meeting, Al-Mashat presented key economic performance indicators for the last quarter and the fiscal year 2023/2024. The conference was led by Prime Minister Mostafa Madbouly.