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Egypt agrees to slash investment spending by 15% in FY2023/24

The Egyptian cabinet approved a draft decision to rationalize investment spending by 15% under the economic development plan for the current fiscal year (FY) 2023/2024.

Updated 2/1/2024 12:01:00 PM
Cabinet ratifies draft resolution to rationalize spending in FY2023/24

The Egyptian cabinet has endorsed a draft resolution on the rationalization of the government spending for the fiscal year (FY) 2023/2024 amid the current foreign currency shortage.

Updated 11/5/2023 7:55:00 AM