Egypt Today
Sisi directs government to curb inflation effects on citizens
Wednesday، 08 March 2017 - 12:23 PM
President Abdel Fattah El Sisi on Tuesday 7/3/2017 held a meeting with Prime Minister Sherif Ismail and Finance Minister Amr el Garhy.
During the meeting, Sisi ordered the government to work on reducing the inflation rate through activating the role of regulatory agencies and controlling monopolistic practices, presidential spokesman Alaa Youssef said.
Garhy briefed the president on the financial performance during the first seven months of this fiscal year, which saw improvement in public revenues and social programs.
The government has pumped more funds this year in the fields of electricity, health and education, he noted.
Garhy spoke also about the draft budget of 2017/2018, which is expected to exceed one billion pounds and aimed at reducing the deficit to less than 10 percent.
Garhy posted the president on measures taken by the ministry to achieve economic reforms and develop social protection networks, especially for the most needy people.
MENA
Related Stories
Hungarian PM visit to Egypt
Wednesday، 01 June 2016 - 03:31 PM
Sisi inaugurates "Asmarat" low-cost housing project
Monday، 30 May 2016 - 12:47 PM
Palestinian President visit to Egypt
Sunday، 29 May 2016 - 04:13 PM
Most Visited
President Sisi at the UN ... Analysis & Documentation
Saturday، 22 September 2018 01:46 PM
Egypt’s envoy to “UN”:President Sisi to attend 73rd “UNGA”session
Tuesday، 18 September 2018 12:35 PM
Chief prosecutor, EU envoy inaugurate conference on judicial cooperation
Tuesday، 18 September 2018 12:24 PM
