EGP 7.5 bln allocated to nine ministries, authorities in August: Finance minister

SourceAhram
SectorFinancial Markets
CountryEgypt

Some EGP 7.5 billion was appropriated as urgent allocations for nine ministries and authorities in Egypt in August, to assist in fulfilling citizens' needs, Minister of Finance Mohamed Maait said Wednesday. The allocations included EGP 4 billion provided to the General Authority for Supply and Commodities, EGP 300 million provided to the Ministry of Manpower, EGP 266 million provided to the General Authority for Roads, Bridges, and Land Transport, as well as EGP 98.5 million provided to the Holding Company for Textiles, according to Maait. The allocation also included EGP 149.million provided to the Passengers Transportation Authority, EGP 60 million provided to the Holding Company for Water and Waste Water, EGP 294.8 million provided to the Egyptian Authority for Unified Purchasing and Medical Supply, EGP 59.3 million provided ...read more...