Ahmed Kajouk, the Egyptian Minister of Finance, told CNBC in Arabic: The government's expenditure rationalization program aims to save approximately 50 billion pounds annually. The savings resulting from the implementation of the rationalization program will be directed to spending on other items in the budget. Postponing some projects and reducing fuel consumption are the most important program items that will achieve cost savings.

Ahmed Kajouk, the Egyptian Minister of Finance, told CNBC in Arabic: The government's expenditure rationalization program aims to save approximately 50 billion pounds annually. The savings resulting from the implementation of the rationalization program will be directed to spending on other items in the budget. Postponing some projects and reducing fuel consumption are the most important program items that will achieve cost savings.