Why did the sedition platforms distort Dr. Mustafa Madbouly’s words about the dollar, and what is the secret of the fierce war on the Egyptian state, and why do they specifically target the economy? Stay with us until the end and you will know the details in this video.
Egypt has been subject to baseless rumors and talk for a long time, and of course the sources of these rumors are known to every Egyptian who thinks carefully about the purpose of these rumours, and knows that there are many countries and groups willing to pay unparalleled sums in order to harm the economy and the security and political stability in which Egypt lives, especially since they are They ask for a lot of money to spread their rumors and poison, and of course the demand is in dollars. .
Over the years, these groups have been saying that the Egyptian economy is a reality and the government has sold the country and companies. Of course, the goal of these rumors is to shake the confidence that the Egyptian citizen has placed in the political leadership of his country and its government. Their goal is to create a pessimistic climate among all Egyptians, and of course, if this happens, a situation will begin to occur. Anger towards people, which leads to chaos and demonstrations, and this is the point they want to reach, especially since Egypt is currently the solid point that exists in the Arab region and which… It stands against all the plans and games that are being used, and it is the reason for the failure of the Jewish plans to expand in the Middle East region.
These groups have been very active in the past period on the Egyptian economy, and every day we hear news that the Egyptian economy is ruined, and currently we are working on rumors that the price of the dollar will go up, after Dr. Mustafa Madbouly’s words about the dollar, which were distorted even though Madbouly’s words were clear, which is that The government is committed to a flexible exchange rate, and high-level government sources confirmed that the dollar is available in banks and is easily obtained. The distortion of the Prime Minister’s words is known as to whose source it is, and the response to it is that Egypt It moves within the framework of a free market that is subject to the rules of supply and demand. The most important thing is that we have no delays, there is supply and demand, and the needs of industry and trade requirements are disbursed on an ongoing and regular basis.
Dr. Mostafa Madbouly also spoke and said that the government has an agreement not to restrict the movement of the dollar, and the government is committed to a flexible exchange rate for the Egyptian pound, but what has happened currently in the whole world, and the impact that occurred due to the American elections and the victory of former American President Donald Trump as a result of the elections led to an increase in power. The dollar is compared to all currencies in the world, including the euro, the British pound, and all other currencies. The Egyptian pound is part of an existing global system, and it is natural for this type of movement to rise in global currencies, and thus There is no concern about temporary increases in the exchange rate of the dollar in Egyptian banks, especially since these are global influences that have nothing to do with the exchange rate in Egypt.
What concerns us in Egypt now is the economic situation that has begun to improve significantly, according to the testimony of international rating agencies and the IMF, which is evidenced by the rise in cash flows, especially from direct and indirect foreign investments, and the increase in the state’s dollar resources from many sectors, whether from investment, tourism, or remittances from Egyptians. Abroad, this means that there is an abundance of dollars, currencies, and gold in banks, as evidenced by the leaps achieved by the cash reserves in the Central Bank of Egypt.
