Trade Resources Economy Egypt's Budget Had Forecast a 2012-13 Deficit of EGP 135 Billion

Egypt's Budget Had Forecast a 2012-13 Deficit of EGP 135 Billion

Reuters cited Mr Ashraf al-Araby Planning Minister as saying that Egypt's budget deficit in the year to end June 2013 is expected to widen to EGP 200 billion from a EGP 166.7 billion deficit in 2011-12.

Egypt's budget, released in July, had forecast a 2012-13 deficit of EGP 135 billion.

 

Source: http://www.steelguru.com/middle_east_news/Egypt_budget_deficit_expected_to_widen_to_EGP_200_billion_Agency/297030.html
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Egypt Budget Deficit Expected to Widen to Egp 200 Billion - Agency
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