Egypt To Up Spending
Egypt will raise its stimulus package to E£29.665bn ($4.3bn), from the previous E£22.3bn ($3.2bn) announced in August to revive the economy (MEES, 30 August), Finance Minister Ahmad Jalal told reporters on 21 October. Mr Jalal said that the current budget law will be amended accordingly to reflect this increase in expenditure, noting that the total package will now broadly be made up of E£20.1bn ($2.9bn) for government...
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