Economics

Central Banker Who Helped Stabilize Egypt Economy Gets New Term

  • Tarek Amer to serve for another four years until 2023
  • Authorities need to spur enterprise, retain top carry trade
Tarek AmerPhotographer: Al Drago/Bloomberg
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Egypt’s parliament confirmed central bank Governor Tarek Amer will hold the role until 2023, a vote of confidence in the man who steered the North African nation through a dramatic currency devaluation that restored economic stability.