Egypt’s new economic strategy aims to primarily achieve price stability and reduce inflation, bringing inflation down to 7 percent by the end of 2024, 5 percent by the end of 2026, and below 5 percent by 2030, according to a document by the Information and Decision Support Center of the Cabinet. To strengthen its economy against external shocks and eliminate the discrepancy between official and black market rates, the document notes that the Egyptian government commits to a flexible exchange rate policy. To supercharge international trade, Egypt unveils plans to revitalize at least five ports across the Red and Mediterranean Seas. These transformed hubs will facilitate global commerce, bolst
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