CAIRO: The Cabinet’s economic committee held a meeting Tuesday, chaired by Prime Minister Ibrahim Mahlab, to discuss the current economic challenges facing Egypt.
Mahlab assured the importance of defining economic problems in order to solve them.
The meeting looked into ways of exploring Egypt’s metallurgical wealth, and the economic group decided to form a technical committee that includes concerned ministries’ representatives. The committee would be headed by the Minister of Petroleum.
The meeting also discussed the increase in the price of goods and how to control prices and provide subsidized products.
Pumping new investments into the field of river transports along with ideas for increasing river traffic were also discussed during the meeting.
The Central Bank of Egypt’s governor, along with the ministers of agriculture, planning, international cooperation, petroleum and finance attended the meeting.
Originally published in Youm7.