PM Discusses Reducing Budget Deficit in New FY

The ministerial economic committee headed by Prime Minister Ibrahim Mahlab discussed on Monday 1952014 a bill on Egypt’s general budget.

The committee reviewed ways to reduce the budget deficit and public debt during the coming FY in order to restore confidence in the Egyptian economy and oil the wheel of production.

Present at the meeting were the ministers of industry and trade, investment, planning and international cooperation, communications, petroleum, supply and finance.

Source : Egypt State Information Service