President Abdel Fattah El Sisi affirmed that Egypt's economy is witnessing positive indicators, citing the recent approval of a new tranche from the International Monetary Fund. He praised the resilience of the Egyptian people and the strength of state institutions, particularly the Armed Forces and the civilian police, as key pillars of stability in these exceptional times. Speaking at the annual Iftar hosted by the Armed Forces on Monday evening, President Sisi reassured Egyptians, acknowledging their concerns about current events. He emphasised that the nation's economic situation is improving due to the efforts of state institutions and the people, urging continued hard work to advance Egypt's development through well-planned steps. Sisi highlighted global and regional challenges, noting that Egypt has navigated difficulties over the past 15 years with steady and strategic measures. He pointed out that the country is incurring monthly losses of approximately $800 million due to disrupted Suez Canal revenues amid regional tensions. The president also stressed the importance of constructive media, engaging in a discussion with actor Samah Hussein and commending his Ramadan programme. He underscored the role of media in promoting Egyptian values and called on families, schools, religious institutions, and the government to work together in shaping a principled society. Sisi further praised the Armed Forces for their role in upholding national security across all strategic directions. Attribution: Amwal Al Ghad English Subediting: M. S. Salama
