ICEC

Egypt’s FinMin Says Surplus State Budget May be EGP 85bln

Egyptian  Finance Ministry has completed preparing the citizen’s budget to explain the state budget law for current fiscal year 2014/2015, with the aim of simplifying the budget to citizens.

Minister of Finance Hany Kadry Dimian asserted that the reason behind issuing this budget is to make citizens involved in formulating the financial policies and their tendencies.

The minister noted that a website on this budget would be launched for allowing citizens to express their opinions about the government policies via conducting opinion polls. He also added that a press conference would be held in this regard.

Moreover, Kadry also said that the state budget of current fiscal year includes a number of reforms that are expected to achieve financial surplus of about EGP 84.9 billion.

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