12 Hrs
Source:
اليوم السابع
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Source: اليوم السابع
12 Hrsاليوم السابع
Source: اليوم السابع
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The Egyptian government is considering directing some of the surpluses and funds held by state entities into government securities, according to a briefing at a meeting between President Abdel Fattah el-Sisi, Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk. Kouchouk said the move could reduce the budget’s need for domestic and external borrowing and its reliance on high-cost debt instruments, helping to lower debt and the deficit. It could also, he said, create more fiscal space to direct resources toward essential services and human development, including health, education and social protection.
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