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Egypt’s budget surplus hits 19-year high - Egyptian Gazette
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Egypt’s budget surplus hits 19-year high - Egyptian Gazette
CAIRO – Egyptian Finance Minister Ahmed Kouchouk affirmed that the strong and ambitious financial performance is pushing the country to continue on the path of economic reform. He stated that the economy has achieved the highest initial surplus since 2005 at 3.1 per cent during the period from July to May, despite declining revenues from the Suez Canal and the energy sector. In a statement on Wednesday, Kouchouk said that Egypt’s economy is imp…
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