Friday 19 August 2022
economy plan

Growth, deficit cut priority says Egypt PM

Egypt's new prime minister said on Sunday he was finalising an economic reform plan that would rein in hefty subsidies and said the economy is expected to grow in the current financial year by 3 to 4 per cent or more if investment goals are


Egypt MPs snub plan, IMF loan in doubt

Egypt's parliament overwhelmingly rejected the army-appointed cabinet's plan to cut state spending on Tuesday, complicating the government's efforts to secure IMF help to fight a balance of payments crisis. The International Monetary Fund

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