Browse
related articles
Egypt deficit at 9-10% of GDP, says minister
- Egypt: Wednesday, October 28 - 2009 at 10:51
Egypt's Prime Minister Ahmed Nazif said stimulus spending will propel the country's budget deficit by 9-10% of gross domestic product in the financial year 2009/10, compared to 6.9% in 2008/9, Reuters has reported. Egypt had spent almost EGP15bn ($2.75bn) to boost the economy in the first half of 2009, and plans a second stimulus package worth EGP10bn, of which some EGP4bn had been spent, Nazif said.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Staff
