CAIRO- Egypt's parliament on Monday approved a 2.46 trillion Egyptian pound ($158 billion) budget for the financial year beginning July 1.

Egypt is targeting a budget deficit of 6.6% in the 2021-2022 fiscal year. 

($1 = 15.6200 Egyptian pounds)

(Reporting by Nashaat Hamdy; Writing by Nadine Awadalla; Editing by Kevin Liffey) ((Nadine.Awadalla@thomsonreuters.com;))