Prime Minister Mostafa Madbouly and CBE Governor Hassan Abdalla Review Economic Reforms and FX Reserves

The government has reaffirmed its commitment to securing safe levels of foreign exchange reserves to safeguard strategic commodity needs, highlighting ongoing efforts to bolster strategic inventories through constant coordination with the Central Bank.

This update emerged during a meeting held on Sunday, September 20, 2026, between Prime Minister Mostafa Madbouly and Central Bank of Egypt (CBE) Governor Hassan Abdalla to review priority economic files and monetary stability mechanisms.

Discussions focused on upcoming economic reform axes, including a joint national economic transition program, current national economic performance, inflation reduction coordination, and dollar liquidity inflows.

Additionally, Central Bank Governor Hassan Abdalla detailed his leadership of Egypt’s delegation at the 48th Annual Meetings of the Association of African Central Banks in Nairobi. He also highlighted his participation in the 14th Governors’ Council Meeting of the Pan-African Payment and Settlement System and a high-level conference discussing artificial intelligence in central banking practices.