MP Aboul Enein Calls for Investing CBE's Unemployed Savings

Prominent Anchor Ahmed Mousa broadcast through his talk show "Ala Masaolity" aired on "Sada El Balad" TV channel an extract from MP Mohamed Aboul Enein's word before the parliament's plenary session to discuss central bank draft law.

MP Aboul Enein has called for investing Central Bank of Egypt (CBE) unemployed trillion pounds savings to support the economy.

Moreover, the lawmaker expressed his appreciations for CBE governor Tarek Amer's efforts, noting that the draft law is a great system for reforming and controlling the Egyptian public debt, exchange rates, and all internal and external debts of the government.

He also added that the law faces new currencies and crypto-currencies that swept the whole world, and invaded the American, Chinese and Indian markets and almost penetrated Egypt, but there was a decisive stance to confront them.

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In addition, the MP pointed out that CBE has managed to increase banks' capitals during the last period.

“It is unacceptable to find a trillion of pounds without employment, as this represents a great loss at a time when we call for boosting investments as we have great ambitions,” the lawmaker said.

He indicated that the law is a new title for the investment file, adding that it will enable the CBE to invest Egyptians' savings.