Egyptian Prime Minister, Sharif Ismail met on Sunday members of the Coordination Council of monetary policies, to review the most important internal and external challenges facing the Egyptian economy, Al Bawaba News reported. The council members agreed on the need to move forward in developing and implementing a program that aims at macroeconomic stability, to stimulate economic growth and increase domestic production. The council stressed the importance of coordination between fiscal and monetary policies so as to reduce the state budget deficit. The meeting was attended by Central Bank of Egypt (CBE) Governor, Tarek Amer and the former governor of CBE, Farouk Al Oukda.
