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As part of the national program for economic reform, the Egyptian government launched a package of measures to remove restrictions on remittances abroad, which were imposed in 2011. This comes within the framework of the government's effort to promote investments and entry of capital on the medium term. This came at a meeting attended by the Minister of International Cooperation, Minister of Finance, Central Bank Governor and Chairman of the Peoples' Assembly Economic Committee. Dr.Farouk El-Oqda, Governor of the Central Bank of Egypt said that CBE will continue to support adoption of policies that support to control inflation and maintain the value of currency. CBE Governor stressed that the Bank will work to promote transparency and is committed to publish periodic reports on the monetary policy.
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