Sawiris tweeted on the X platform formerly known as Twitter
that the expected growth rate of the Egyptian economy, 4 percent, is very good,
praising the decline in inflation rates.
He added that the Central Bank is likely to reduce interest
rates by 1 to 4 percent, which will boost investment, stabilize the exchange
rate, and help lower the dollar.
Sawiris noted that the only remaining challenge is repaying
foreign debt, which can be solved by selling the remaining land on the North
Coast and the Red Sea in dollars to Egyptians and foreigners, and privatizing
some of the companies that have been discussed for 100 years.