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Economist Bilal Shoaib: Egypt seeks higher growth in key sectors
Economic expert Bilal Shoaib confirmed that the Egyptian economy enjoys strength that allows the government to increase spending on social protection programs, health, and education. Improving economic indicators contribute to directing resources toward priority sectors. Egypt is working to reduce the trade deficit and the general budget deficit through national efforts to build an economy based on local capabilities, with a particular focus on domestic pharmaceutical manufacturing in the health sector. Additionally, health allocations have increased by approximately 15% to 20% in the current budget, enhancing the state's capacity to finance social, health, and educational programs.
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