Wednesday, 25 April 2018 01:43 GMT

Egypt's second stimulus package almost ready

(MENAFN - The Peninsula) The details of Egypt's second stimulus package since president Mohamed Mursi was ousted in July will be announced within days, Finance Minister Ahmed Galal told reporters at an investment conference yesterday

Egypt's interim government is trying to boost tepid growth, which stood at 1.04 percent between July and S eptember last year - after three years of political turmoil since autocrat President Hosni Mubarak was toppled in 2011

Supported by more than $12bn in Gulf aid, Egypt's interim government introduced a 30bn Egyptian pound ($4.3bn) stimulus package in 2013 and said it would launch another one of about the same size this mont

Egypt's second stimulus package almost ready

  Most popular stories  

Day | Week | Month