view to adjusting to those factors, in particular the need to remedy the economic framework in order to meet our development needs and raise the living standard of our people. Hence, Egypt's development programme aims at carrying out comprehensive reform measures and rests upon two key considerations. First, development remains our prime responsibility, in accordance with our priorities and objectives. Secondly, it is the individual who is the ultimate beneficiary of development, therefore we have worked to create an atmosphere favourable to liberating our productive forces and development capacities. Thus, our first objective has been to establish a system of peace and security to ensure the safety of individual property and investment. We have also-pursued monetary and financial policies allowing us to control inflation and promote the maximal mobilization of savings, particularly in foreign currency. Moreover, we are gradually adoptinq a single rate of exchange to liberalize trade and promote exports. As for public spending, we are seeking to remedy the deficit in the balance of payments so that inflation can be brought under control and foreign currency i generated. Indeed, Eqypt has devised an ambitious plan designed to strengthen the I, 'I 1 i role of market forces in the private sector, to rationalize the public sector and to privatize some of its assets, which could then come into play for the good of society. JB/22 A/S-18/PV.2 102 (Mr. Moussa, Eqypt) With regat"d to the environment, Egypt is manifestinq a qrowinq interest through its scientific agencies for the preservation of the environment, by takinq measures at the national level and, co-operating, both regionally and internationally, towards the same end. Aware as it is of the importance of co-operation, Egypt also believes in the role of regional and subregional economic integration with neighbouring countries as a catalyst for development. In addition to the joint economic activities of the 
**Analysis**
The text appears to be a speech or statement by an Egyptian representative, focusing on the country's development program and its goals. The main topics discussed are economic reforms, monetary and financial policies, public spending, and environmental preservation. The text also mentions the importance of regional economic integration and cooperation. Given the emphasis on economic development and the country's plans for reform, it is likely that the text falls under the category of economic development, with some overlap with natural resources and environment.

**Category**
Economic development, Natural resources and environment