Egyptian Finance Minister Mohamed Maait announced that Egypt intends to export natural gas up to $1 billion a month over the next year, explaining that the current value of gas exports is $600 million.
Maite said in a speech on the sidelines of the Euromoney Egypt 2022 conference that Egypt is aiming to bring total exports to $100 billion, explaining that exports in 2022 were $32 billion while it recorded $25 billion. billion in 2021.
The Minister explained that the Egyptian economy is able to contain internal and external shocks and cope with their repercussions flexibly through the sound implementation of a comprehensive program of economic reforms, hard work to achieve financial discipline and sustainable growth. in various sectors.
Maite said that the final report for the latest financial year 2021/2022 represents our success in maintaining financial stability in light of exceptional global economic conditions, which indicate that the negative effects of the coronavirus pandemic are intertwined with the war in Europe, which also affected the main economies of the world.