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Egypt plans to optimize public spending due to the negative consequences of the tensions in the region, according to the Cabinet announcement by the Egyptian Prime Minister, Mustafa Madbouly: There is a plan in preparation for the rationalization of government spending and to create a financial space specifically to deal with the current crisis. Spending will be rationalized in all allocations in the areas of advertising in government agencies. There is a specific vision for the rationalization of government spending in a way that contributes to maximizing the efficiency of the use of public resources in light of the negative consequences of the current tensions on the regional arena. This vision establishes an integrated plan for the sustainability of public finances and includes taking proactive measures to protect against various crises. The government is fully committed to ensuring the permanent availability of financial allocations for the supply of strategic basic products for safe periods, and to meet the needs of the oil and electricity sectors. The government will continue to work to provide the financial funds necessary to maintain the stability of basic services for citizens.

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Asharq Bloomberg · · Source

🇪🇬 Egypt · Map

Egypt plans to optimize public spending due to the negative consequences of the tensions in the region, according to the Cabinet announcement by the Egyptian Prime Minister, Mustafa Madbouly: There is a plan in preparation for the rationalization of government spending and to create a financial space specifically to deal with the current crisis. Spending will be rationalized in all allocations in the areas of advertising in government agencies. There is a specific vision for the rationalization of government spending in a way that contributes to maximizing the efficiency of the use of public resources in light of the negative consequences of the current tensions on the regional arena. This vision establishes an integrated plan for the sustainability of public finances and includes taking proactive measures to protect against various crises. The government is fully committed to ensuring the permanent availability of financial allocations for the supply of strategic basic products for safe periods, and to meet the needs of the oil and electricity sectors. The government will continue to work to provide the financial funds necessary to maintain the stability of basic services for citizens.

Egypt plans to optimize public spending due to the negative consequences of the tensions in the region, according to the Cabinet announcement by the Egyptian Prime Minister, Mustafa Madbouly: There is a plan in preparation for the rationalization of government spending and to create a financial space specifically to deal with the current crisis. Spending will be rationalized in all allocations in the areas of advertising in government agencies. There is a specific vision for the rationalization of government spending in a way that contributes to maximizing the efficiency of the use of public resources in light of the negative consequences of the current tensions on the regional arena. This vision establishes an integrated plan for the sustainability of public finances and includes taking proactive measures to protect against various crises. The government is fully committed to ensuring the permanent availability of financial allocations for the supply of strategic basic products for safe periods, and to meet the needs of the oil and electricity sectors. The government will continue to work to provide the financial funds necessary to maintain the stability of basic services for citizens.

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