Cairo: Prime Minister Mostafa Madbouly convened a strategic meeting with Finance Minister Ahmed Kouchouk and Petroleum and Mineral Resources Minister Karim Badawi to deliberate on several crucial joint work files impacting Egypt's energy and financial stability.According to State Information Service Egypt, the meeting focused on the collaborative efforts by the finance and petroleum ministries to secure a stable strategic stock of petroleum products. This involves allocating necessary financial resources to ensure market needs are met and supply remains stable for citizens and productive sectors. Cabinet spokesman Mohamed El Homosany emphasized the importance of maintaining supply stability and continued provision for various sectors.Finance Minister Kouchouk reiterated the ministry's dedication to fulfilling citizens' essential needs and ensuring the energy sector's liquidity. This commitment is being coordinated with the banking system to balance fiscal discipline while supporting multiple sectors.The meeting also addressed the status of current petroleum product reserves and the Petroleum Ministry's initiatives to boost domestic production and investments. Minister Badawi highlighted progress in various projects, including the trial operation of new expansions at the GASCO complex in the Western Desert. He pointed to strategic moves, such as directives from the Egyptian Drilling Company (EDC) assembly, to form partnerships with regional and international drilling firms. These efforts support a five-year plan to enhance domestic oil and gas production.Additionally, El Homosany mentioned the follow-up on the plan to settle outstanding dues to foreign partners, aiming for full payment by June 30. Minister Badawi noted the reduction of these dues from $6.1 billion in July 2024 to $1.3 billion by March 2026, with ongoing efforts to adhere to the timetable.Furthermore, Badawi emphasized the ministry's commitment to infrastructure development to support foreign partnerships and maximize added value. The meet ing also discussed the temporary listing of ten petroleum sector companies on the Egyptian Exchange. This step aims to restructure administrative practices within these firms and leverage the sector's growth into liquidity for future projects. The companies selected for listing are those with strong financial standing and potential to attract foreign investors.