World Bank hails Egypt’s announcement of New FY’s Pre-Budget Statement

Egypt’s announcement of a preliminary budget remarks for coming fiscal year confirms that the government is serious about building up confidence and transparency with citizens and investors, deputy head of office at World Bank Egypt Husam Abudagga said Thursday.

During a press conference held by Egyptian Ministry of Finance to announce the pre-budget statement for FY2015/16, Abudagga stated that publishing information about the the new fiscal year’s budget enables investors to plan for the future.