#financial budget
On Monday afternoon, the Egyptian parliament approved the country's new budget and sustainable development plan set for the fiscal year 2019/2020. While the total amount of the budget was not revealed, here are the major take-aways: Egypt aims to reduce the budget deficit of the gross domestic product (GDP) to 7.2 percent, which is EGP 445.1 billion, as opposed to the 8.4 percent of the current fiscal year. The country also aims to increase the GDP by six percent, with…
