Egypt’s parliament approves 2021-2022 budget

imageEconomy26 minutes ago (Jun 14, 2021 10:03AM ET)

(C) Reuters. FILE PHOTO: A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo

CAIRO (Reuters) – Egypt’s parliament on Monday approved a 2.46 trillion Egyptian pound ($158 billion) budget for the financial year beginning July 1.

Egypt is targeting a budget deficit of 6.6% in the 2021-2022 fiscal year. ($1 = 15.6200 Egyptian pounds)

Egypt’s parliament approves 2021-2022 budget

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