Egypt's parliament approves 2021-2022 budget

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

  
A general view of the session of the upper house of the parliament in Cairo June 10, 2013.

A general view of the session of the upper house of the parliament in Cairo June 10, 2013.

REUTERS/Mohamed Abd El Ghany

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;))


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