Egypt unveils new economic roadmap

Published August 29th, 2013 - 12:28 GMT
The government would present its economic programme to Gulf Arab countries, in particular the United Arab Emirates, which has already agreed to finance medical projects and 10 wheat silos.
The government would present its economic programme to Gulf Arab countries, in particular the United Arab Emirates, which has already agreed to finance medical projects and 10 wheat silos.

Egypt’s cabinet approved on Wednesday an additional 22.3 billion Egyptian pounds ($3.2 billion) in spending on investment projects to boost the economy over the coming 10 months, Deputy Prime Minister Ziad Bahaa El Din said.

He said the government would present its economic programme to Gulf Arab countries, in particular the United Arab Emirates, which has already agreed to finance medical projects and 10 wheat silos.

The army-backed interim government is keen to improve conditions for a deeply polarised population battered by more than two years of political and economic turmoil.

 

 

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