FINANCIAL NEWS

Egypt aims investments of EGP464bn for FY 2017/18

02 Apr 2017

(MENAFN) Egypt’s government seeks economic reforms and increasing growth rates, while maintaining the network of social protection to achieve this year and the coming year.

In addition, the government’s fiscal plan aims to raise the rates of economic growth amid a package of measures to stimulate investment and industrial activities.

Recently, the government is considering a package of measures to ease the effects of economic reform on citizens, which involve tax cuts for the lower income segments.

Accordingly, the signs of economic reform efforts and fiscal control started to reflect on fiscal performance amid the period from July to Feb of 2015/16.

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MENAFN0204201700450000ID1095360974

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