Middle East Economic Survey
VOL. LIV
No 41
10-Oct-2011
EGYPT
Egypts Finance Minister Calls For Austerity
Egypts Deputy Prime Minister and Finance Minister Hazim al-Biblawi has called on all government entities to abide by their projected allocations in the 2011-12 budget and to resort to self-generated revenue for any additional needs. In a circular to government entities, Dr Biblawi stressed that expenditure must be controlled and that any excess spending in extreme emergency cases should...
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