Governor Hassan Abdalla: At A Turning Point, Stability Restored

Lucian Nemoiu

Hassan Abdalla, governor of the Central Bank of Egypt, speaks to Global Finance about attracting more investors and about the bank’s next steps. Global Finance: What have been the key economic challenges over the past two years? Hassan Abdalla : On the international front, we had to navigate an unprecedented surge in global commodity prices, which put pressure on domestic prices and strained fiscal positions. At the same time, major central banks raised interest rates by more than 500 basis

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