Egypt's overall budget deficit widened 6.7% of gross domestic product (GDP) during the first eight months of the current fiscal year (FY) 2023/2024, compared to 5% in the same period a FY earlier, Asharq Business reported, citing Minister of Finance Mohamed Maait.

In a press conference, Maait said that the primary surplus amounted to EGP 193 billion, compared to EGP 41.8 billion.


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