Thursday 09/April/2026 – 02:12 PM
Dr. Mostafa Madbouly, President, chaired the meeting cabinetweekly government meeting; This is to discuss a number of topics and files.
The Prime Minister began the meeting today by offering his heartfelt congratulations to His Holiness Pope Tawadros II, Pope of Alexandria and Patriarch of the See of Mark, and all Christian citizens at home and abroad. On the occasion of the glorious Resurrection Day, and all Egyptians on the occasion of the Sham El Nessim holiday, expressing his wishes to all citizens and our dear Egypt for goodness and continued stability.
The Prime Minister chairs the weekly government meeting
Dr. Mostafa Madbouly discussed a number of presidential activities carried out by President Abdel Fattah El-Sisi, President of the Republic, during the past days, including the meeting held by Mr. President to review the position of projects in the field of new and renewable energy, and the capabilities targeted to be added from wind energy, solar energy, and storage battery systems to the national electricity grid.
The Prime Minister referred to the meeting held by the President to discuss a number of topics related to the performance of the Egyptian economy during the current period, developments related to enhancing the performance of the banking sector, and the directives of His Excellency the President to enhance incentives to take advantage of the available economic opportunities, and provide opportunities for the private sector to drive economic growth.
Dr. Mostafa Madbouly said: There is continuous coordination between the government and the Central Bank of Egypt regarding meeting the financing needs necessary to enhance development efforts, and continuing to make sufficient dollar resources available, which will reflect positively on the provision of a reassuring stock of various strategic commodities, as well as petroleum products. There is also a government keenness to enhance the investment environment and continue efforts to create an attractive climate for local and foreign investments, which contributes to attracting more investment flows.
During the meeting, the Prime Minister spoke about the developments in the political scene now in the region, after the announcement of a truce between the United States of America and Iran. He also touched on the Egyptian efforts in mediation in partnership with other parties to reach this truce, which we hope will be a positive beginning for ending the war, in preparation for the return of calm and stability to the region.
In this context, the Prime Minister renewed Egypt’s position in support of the sister countries of the Gulf Cooperation Council, Jordan, and Iraq in these delicate circumstances, and that the Egyptian state – leadership, government and people – will remain supportive of the security, stability and prosperity of our brothers in the Gulf countries, Iraq and Jordan, leading to lasting peace and peaceful coexistence between the peoples of the region and the world.
In this context, the Prime Minister referred to the directives of President Abdel Fattah El-Sisi, President of the Republic, to the government; It is necessary to work to increase the strategic reserve of various types of strategic goods, as well as various petroleum products, while striving to maintain a safe stock of medicines permanently, which contributes to achieving a reassuring stock of them for an appropriate period of time, and works to meet the local needs of these goods and products.
The President’s directives also include expanding reliance on solar energy, by working to complete renewable energy projects, in light of the Egyptian state’s direction towards diversifying energy sources, reducing dependence on fossil fuels, and moving to a sustainable energy mix that contributes to achieving the goals of the National Energy Strategy.
The Prime Minister stressed that there are directives for the Ministry of Electricity and Renewable Energy to intensify oversight and efforts to address cases of electricity theft, with the need for the Ministry to complete the follow-up of the plan to install smart meters.
Madbouly added: There is also a mandate for the Ministry of Supply and Internal Trade to accelerate the digitization of the commodity trading system, allowing the movement of goods to be tracked across the various trading rings. This is to reduce monopolistic practices and price distortions.
The Prime Minister touched on a number of activities that he carried out during the current week, including his chairing of the meeting of the Central Crisis Committee, pointing to the recommendations issued by the committee, which include the importance of activating the decision to postpone or slow down the implementation of a number of national projects, especially those that consume diesel, for a period of 3 months, with a 30% deduction from fuel allocations for government vehicles. With the aim of providing financial resources and fuel for urgent needs, in addition to the importance of activating the decision to work remotely on Sunday of every week, with regard to the entire government district, as well as all agencies and buildings affiliated with the governorates and other government agencies, stressing the necessity of implementing these decisions and continuous follow-up of decisions to rationalize government spending in general from ministers and implementing them with all efficiency.
In another context, Dr. Mostafa Madbouly noted the inspection tour he undertook at the beginning of this week to a number of industrial companies in the investment zone in Banha City, Qalyubia Governorate. This is within the framework of keenness to support the local investment climate, overcome any obstacles that investors may face, and strengthen the export system abroad.
In this context, the Prime Minister explained that the government aims to expand the establishment of investment zones in the governorates, in light of the importance of intra-regional trade, and the government continues to provide various possible forms of support to investors in this investment zone, and other areas, and to overcome the challenges facing the expansion of their various industries, in a way that supports the local market and achieves an abundance of goods in it, which contributes to achieving a balance in prices.
