Egyptian Government to Complete Economic Plan, Double its valueSource: www.export-egypt.com 3/12/2014, Location: Africa |
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Trade, Industry and Investment Minister Mounir Fakhry Abdel Nour said that new government has laid out an ambitious policy to complete the economic stimulation plan launched in November.
He noted that the plan's value had been doubled to LE60 billion to be pumped into infrastructure and housing projects. These remarks came during a symposium entitled "Trade, Industry and Investment: Road to Future" organized by the Egyptian-Swiss business association, an event that saw the participation of the Swiss ambassador to Egypt. These policies aim to reduce the budget balance deficit from 13.8 % to 10 % by the end of 2014, Abdel Nour underscored. |
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