But the fact that they pursue the same goal does not mean that they have the same monetary policy stance for a very simple reason: their economies are not the same with different structures, a different environment and different shocks to cope with. So, we must be clear on what we understand with international policy coordination.
It does not mean a unique policy stance for the entire world. But it means monetary policies geared towards domestic price stability, sound and sustainable public finances and flexible economic structures. It also means very close and confident cooperation between policymakers of all systemically important economies of the world. Question: Are there any agreements expected to take place during your visit in Egypt?