The report also revealed that net returns for banks operating in the country totaled EGP 915 billion by the end of 2024, up from EGP 582.5 billion the previous year.
This reduction in Core CPI inflation is part of a broader trend of easing inflationary pressures across Egypt’s economy.
This visit marks the second time the BCEAO has visited Egypt's Banknote Printing House in less than two years.
This marks the 30th consecutive month of month-on-month growth in net foreign reserves.
This marks a recovery after two consecutive months of declines, with the most recent drop occurring in December
