Egypt’s EGP 100bn coronavirus emergency fund part of 2019/20 budget: MP Hussein Eissa

Egypt’s EGP 100bn coronavirus emergency fund part of 2019/20 budget: MP Hussein Eissa

Eissa stressed in an interview with Daily News Egypt, that the state's crisis management is carried out with high efficiency.. The planning and budget committee's role is to discuss and observe the government's spending and evaluate it, before providing recommendations.. Egypt's crisis management under the supervision of Prime Minister Mostafa Madbouly is carried out with high efficiency.. In the general budget, there is an item called emergency that represents 10% of the total budget, and it is approved in advance in the parliament.. The EGP 100bn announced by President Abdel Fattah Al-Sisi to fund the comprehensive plan and the precautionary measures is part of the current budget of 2019/20.. The next budget of 2020/21 will start on 1 July, so most of the emergency package will be funded from the current budget .. We have now finished discussing the partnership law with the private sector and will be presented to the public session soon along with amendments to the law of The Sovereign Fund of Egypt and the tax law, in addition to the completion of the customs law that will be presented for discussion within a few weeks.. We are currently discussing the unified tax draft law, which will