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

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

About the author

Related

JOIN THE DISCUSSION