Ihab Mansour: 46% of costs for interest now

Deputy Ihab Mansour stated that the general budget requires a reorganization of priorities due to the increasing debt, which amounts to approximately 17 trillion Egyptian pounds. Interest payments account for 46% of the expenditures, and spending should be directed toward essential sectors such as education, health, and support for farmers. Additionally, it is necessary to reduce borrowing and improve financial performance to prevent burdening future generations with financial debts.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article