Economists praise launch of polymer currency in Egypt ...Egypt

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Economists praise launch of polymer currency in Egypt
Two expert economists praised the Central Bank of Egypt (CBE)’s step of issuing polymer currency of the LE10 denomination as a first stage. An economist and member of the Egyptian Association for Political Economy, Statistics and Legislation Walid Gaballah hailed the move, explaining that introducing polymer coins is an Australian invention present in a number of countries, now including the Arab world. Gaballah said, during a telephone interview with presenter Amr Abdel Hamid, during the “Ray Aam” (Public Opinion) show on Tuesday evening that the plastic currency was issued by the New Administrative Capital’s printing press to improve currencies. Gaballah listed a number of advantages of o

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