16 Hrs
Source:
المصري اليوم
_1777352244987_250242181.png&w=64&q=75){kind=small}
_1777352142843_145525226.png&w=64&q=75){kind=small}
Finance Minister details petroleum debt levels
Finance Minister Ahmed Kouchouk revealed that the Ministry of Finance's debt to the petroleum sector reached 1.6 trillion Egyptian pounds by June 2026, a staggering figure that reflects the magnitude of support and commitments by the state toward the oil industry. He pointed out that this debt falls within the government's efforts to provide the necessary financial resources for infrastructure projects, especially within the framework of the "Decent Life" initiative, where resources are strategically directed to reduce reliance on imported LPG cylinders and ease support burdens. The figures underscore that managing debt and investing in infrastructure are top priorities for the government to enhance financial sustainability and economic development.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)