Four years into his tenure as Governor of the Central Bank of Egypt, Hassan Abdallah has overseen record-high international reserves and milestones in sustainable finance and fintech development. He helped bring inflation down from 38% in September 2023 to 11.9% in January 2026, while establishing a credible exchange-rate framework that reflects supply and demand. Despite inflation rising to 14.5% in August 2026 amid regional tensions, Egypt’s net international reserves reached a record USD 57.2 billion that month, up from USD 33.1 billion in August 2022.