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Egypt New Public Budget 2012-2013

Source: www.export-egypt.com  2/29/2012, Location: Africa

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Ministry of Finance studies the annexation of 50% of the private funds to the new public budget 2012-2013. Minister of Finance, Momataz El Saeid said that this annexation will allow the use of these funds that amounted 36.5 billion pounds to fill the budget deficit and increase the support for basic commodities, and wages, and install temporary workers to the device management of the state, while maintaining ownership of those original author accounts for these funds.

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