1st Economic National Dialogue session kicks off to discuss high prices, inflation rates

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Mon, 26 Feb 2024 - 10:38 GMT

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Mon, 26 Feb 2024 - 10:38 GMT

CAIRO – 26 February 2024: The specialized closed session held by the National Dialogue to discuss high prices, high inflation rates, and loss of control over the markets, has kicked off Monday, as part of the Inflation and High Prices Committee, in the Economic National Dialogue sessions, at the headquarters of the National Training Academy.

The first economic dialogue held Monday, comes with the participation of the government, experts and specialists to discuss urgent economic issues and reach quick and implementable solutions for the economic crises.

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The launch of the sessions marks the beginning of a new phase in the national dialogue process, under the slogan of “shared spaces,” in order to reach serious outcomes that serve the nation and the citizen, as per President Abdel Fattah El-Sisi call.

The Board of Trustees of the National Dialogue has thanked Egypt’s Prime Minister, Mostafa Madbouly, for the warm reception, and the government’s interest in the National Dialogue sessions’ results and recommendations, along with its constant directives to the ministers on the necessity of interacting with the National Dialogue sessions.

 
PM Madbouly, met Sunday with members of the Board of Trustees of the National Dialogue, in the presence of Diaa Rashwan, General Coordinator of the National Dialogue, Ahmed Galal, General Rapporteur of the Economic Axis, Counselor Mahmoud Fawzi, Head of the Technical Secretariat of the National Dialogue, and members of the Council.
 

This meeting came out of the interest of President Abdel Fattah El-Sisi, on the importance of working quickly to translate the outcomes and recommendations reached from the national dialogue into executive plans.

The Board of Trustees also praised the government major investment deal that was concluded a few days ago regarding the city of Ras Al-Hikma, stressing the need for the citizen to see a positive return from it.

Egypt's National Dialogue, an initiative aimed at advancing key political, economic, and social issues, enters its second phase today with closed sessions focused on finding swift and practical solutions to the nation's economic hurdles.

Proposed measures specifically targeting these challenges will be presented to President Abdel Fattah El-Sisi.

This phase of the dialogue centers on the economy in response to President Sisi's call for a "deeper and more comprehensive" discussion in this field during the 72nd anniversary of Police Day last month.

"While many local experts express their opinions on TV channels and in newspapers, there is a significant difference between offering an opinion and implementing it in light of public sentiment... while taking into consideration various circumstances," remarked President Sisi.

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