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Egypt's parliament approves 2021-2022 budget - Metro US

Egypt’s parliament approves 2021-2022 budget

FILE PHOTO: A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo

CAIRO (Reuters) – 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)

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