Madhbouli discloses new budget figures
Egyptian Prime Minister Mustafa Madbouly announced that the Egyptian economy is achieving positive indicators, with tax revenues rising by 29% without the imposition of new taxes. The new budget includes a 30% increase in health allocations and a 20% increase in education. It also allocates 90 billion Egyptian pounds to support industry and entrepreneurship, and 48 billion pounds for the export burden reimbursement program to enhance external competitiveness. Additionally, the government’s efforts focus on supporting regional stability and international cooperation, especially in Arab and global matters.
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