Dr. Maged George, Chairman of the Export Council for Medical Industries and Medicines, announced that the sector’s exports increased by 14% in the first half of 2023, to record approximately $530 million, compared to $467 million during the same period last year.
He indicated that the Council seeks to increase exports by 30% annually. According to a tight and clear plan, to implement the Egyptian state's plans to grow exports and reach them to one hundred billion dollars.
Dr. Maged George praised what the Council of Ministers has recently announced to set a vision to increase Egyptian commodity exports by at least 20% annually to support dollar resources.
He affirmed that the Export Council for Medical and Pharmaceutical Industries focuses on achieving annual targets to increase exports by at least 30% annually, which is what Supports the government's direction toward developing exports and contributing to solving the foreign currency shortage crisis, especially the US dollar.
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