CBE targets reducing inflation rate to 13% in mid 2018
Central Bank of Egypt Governor Tareq Amer
Beirut - Egypt Today
The Central Bank of Egypt (CBE) is seeking to reduce the inflation rate to 13% in mid 2018, its governor Tareq Amer announced on Thursday.
Speaking to reporters on the sidelines of the annual conference of the Union of Arab Banks that kicked off today in the Lebanese capital in the presence of Lebanese Prime Minister Saad al Hariri, Amer said the CBE, the Finance Ministry and the National Payments Council consider issuing a smart card for all forms of subsidy offered by the government.
All economic indicators suggest a significant improvement in the balance of payments, Amer added, asserting that Egypt's foreign currency reserves at the CBE reached a global rate.
- Thursday ,23 November GMT 13:23 2017 Hariri honors Tareq Amer as best Arab central bank governor for 2017
GMT 17:46 2017 Thursday ,14 December
Lebanon approves first offshore oil and gas explorationGMT 13:23 2017 Thursday ,23 November
Hariri honors Tareq Amer as best Arab central bank governor for 2017Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 16:45 2017 Wednesday ,15 March
Asia markets mostly down ahead of Fed but oil prices recover
GMT 16:54 2017 Tuesday ,18 July
CBE receives new tranche of IMF loan worth dlrs 1.25 bn
GMT 08:34 2017 Saturday ,26 August
Fares happy for participating in Damascus’ concert
GMT 20:13 2015 Monday ,14 September
Morsi trial in espionage case adjourned to Thurday
GMT 14:01 2017 Friday ,29 September
Russia is warning the United States: Back off our media.
GMT 09:45 2017 Tuesday ,19 December
Egypt should reconsider its relationship with Russia
GMT 04:16 2017 Monday ,08 May
Priyanka Chopra dismayed
GMT 20:35 2016 Monday ,18 July
SpaceX Launches Cargo to Space Station, Lands RocketGMT 12:24 2011 Saturday ,11 June
NASA launches ocean-watch satellite to measure salinity
GMT 15:02 2018 Friday ,19 October
Six dead in fire at Rohingya camp in MyanmarGMT 11:11 2013 Thursday ,14 February
Diamonds are forever
GMT 08:29 2017 Sunday ,12 November
Trump calls Kim Jong-un 'short and fat'GMT 03:52 2012 Tuesday ,03 April
CMA awards best dressed listGMT 13:01 2012 Tuesday ,17 January
Ewan releases new clip
GMT 07:40 2017 Sunday ,05 November
White House OKs report warning climate change
GMT 17:46 2017 Saturday ,25 February
Sinai suicide attacks only boost determination to uproot suicide
GMT 01:23 2017 Thursday ,11 May
Injured sailor airlifted to Oman hospital
GMT 12:02 2018 Thursday ,18 January
Ex-Wallaby Smith arrested in Tokyo for 'cabbie assault'
GMT 18:39 2017 Saturday ,29 April
Japan economy likely to grow at pace above potential
GMT 11:41 2015 Monday ,20 April
DM to launch a virtual museum
GMT 12:24 2017 Wednesday ,23 August
Egypt, Vietnam mull investments in Suez Canal
GMT 17:10 2017 Sunday ,19 November
Qualcomm spurns $130 bn Broadcom bid for big tech tie-up
GMT 02:52 2014 Sunday ,12 January
\'Joss-stick burning panda\' hackers return to jailGMT 08:55 2011 Friday ,01 July
Stakeholders upbeat on positive signals in construction industry
GMT 13:59 2017 Wednesday ,03 May
Wrestling icon ‘X-Pac’ arrested for meth, weed at LA airport
GMT 11:22 2017 Tuesday ,07 November
Tech mega deal helps liven up equities
GMT 09:15 2017 Tuesday ,07 November
King Abdullah Economic City
GMT 07:33 2017 Saturday ,15 July
ICC Appeals Chamber to deliver judgement
GMT 23:59 2017 Friday ,10 March
Egyptian film Haram El-Gasad snags two awards at FantasportoGMT 19:04 2013 Friday ,24 May
Razan returns to Cairo for new video
GMT 18:04 2017 Monday ,04 December
Yemen ex-president Saleh confirmed dead
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor