Egypt budget deficit down by 6% in 8 months
Central Bank of Egypt -YOUM7 (Archive)
MENA

CAIRO: Egypt’s total budget deficit went down by 6 percent of the country’s gross domestic product (GDP) from July to February of the 2013/14 fiscal year, the finance ministry revealed on Wednesday.

According to the ministry’s bulletin, the deficit has reached 123.6 billion, compared with 146.49 billion in the same period a year earlier.

The ministry also noted that government revenues from July to February of the 2013/14 fiscal year reached 254.224 billion pounds.

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