Middle East Economic Survey
VOL. LII
No 32
10-Aug-2009
EGYPT
Egypts Actual 2008-09 Budget Deficit Unchanged At 6.9% Of GDP
Egypts budget deficit for the fiscal year 2008-09, which ended on 30 June, was unchanged at 6.9% of GDP from the previous year according to preliminary figures, Egyptian Minister of Finance Yusuf Butros-Ghali announced on 3 August. This is a big achievement considering the global financial crisis ... and deficits in many advanced and developing countries, the minister said,...
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