Data from the Central Bank of Egypt, published on Tuesday, showed an increase in the money supply (M2) by 21.68% in October. This growth indicates an increase in liquidity in the country's economy. Experts link this to measures taken by the government to stimulate economic activity. They believe that this dynamics could contribute to inflationary pressure. However, the regulator remains confident in its ability to control the economic situation.
Egypt's Money Supply Increases
Data from the Central Bank of Egypt showed an increase in the money supply (M2) by 21.68% in October. This growth indicates increased liquidity in the country's economy and may contribute to inflationary pressure.