Prime Minister Sherif Ismail formed a ministerial economic committee under his chairmanship, reported Daily News Egypt. The committee will draw out the general framework for economic and monetary policies, as well methods of attracting investment opportunities to Egypt.

According to a statement released by the cabinet. Members of the committee include the Governor of the Central Bank of Egypt (CBE) and the Ministers of Planning and Logistics, Finance, Investment, Tourism, International Cooperation, Petroleum, and Foreign Trade and Industry.