Egypt plans second stimulus package by year end

Egyptian government said in October the new stimulus package would be worth around $3.48 billion.

Egypt plans second stimulus package by year end

World Bulletin / News Desk

The Egyptian government plans to launch its second economic stimulus package by the end of this year, Finance Minister Ahmed Galal said on Sunday.

The government said in October the new stimulus package would be worth around 24 billion Egyptian pounds ($3.48 billion) but had indicated it might only be brought in early next year.

Speaking to reporters at an economic conference in Cairo, Galal said the second stimulus would be launched "before January".

Last Mod: 11 Kasım 2013, 12:00
Add Comment