The Minister of Finance to the German Ambassador The wheat stock is enough for us until the end of the year..

Written by: Fathy Al-Sayeh

Dr. Mohamed Maait, Minister of Finance, affirmed that the Egyptian government is keen to bear the repercussions of the global inflationary wave resulting from the Russian-Ukrainian crisis with the citizens. This is to ease the burden on them, explaining that the strategic stock of wheat is sufficient for our needs until the end of the year, especially since the local harvest season begins in mid-April. From various destinations to Egypt, in the wake of the slowdown in the global tourism movement due to the “Corona” pandemic.
The Minister reviewed Egypt’s preparations to host the “COP” conference ”, stressing Egypt’s keenness, from the position of its presidency of the conference, on consensus between the various parties to achieve the common interest.
The German ambassador to Cairo, Frank Hartmann, said that his country is keen to develop relations The bilateral relationship with Egypt, as an important partner, and there are major projects implemented by German companies in Egypt in the fields of energy and transportation; Reflecting the multiplicity of ties between the two countries.
He referred to the suffering of European countries from the consequences of the war in Ukraine, which led to an increase in fuel prices in Germany to unprecedented levels, which is reflected in all aspects of economic activity in his country.
He affirmed his country’s support for Egypt’s efforts to host the Climate Summit to achieve positive results.
The meeting was attended by Sherine El-Sharqawy, First Assistant Minister for Economic Affairs, Dr. Ambassador Hossam Hussein, Advisor to the Minister for Foreign Relations, Nasreen Lashin, Head of the Investors Support Unit, and Mai Adel, Advisor to the Minister for Financial Markets. Ater Hanoura, Head of the Partnership Unit with the Private Sector, and Stephanie Sorensen, Vice President of the German Cooperation Agency.

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