RIYADH: Egypt’s budget recorded a preliminary surplus of 875 billion Egyptian pounds ($18.14 billion) for the fiscal year 2023/2024, compared to 164 billion during the previous period, a top official revealed.
During a Cabinet meeting chaired by Egypt’s Prime Minister Mostafa Madbouly, Minister of Finance Ahmed Kouchouk highlighted that this improvement came despite economic activity shocks.
The North African country’s economy has…
