During the meeting, they also reviewed initiatives directed to support the country’s various economic sectors alongside CBE Deputy Governor Rami Abulnaga and a number of CBE officials
The CBE also noted that real GDP saw growth of 2.9 percent during the first quarter of 2021, up from 2 percent recorded in the fourth quarter of 2020
The CBE said that the bank gives special priority to supporting entrepreneurship as well as micro, small, and medium enterprises (MSMEs), said Abulnaga
The agreement includes mechanisms of data and information exchange between the two sides
Urban consumer price inflation climbed to 4.8 percent in May YoY, up from 4.1 percent noted in April
