Egyptian Parliament Approves 2023-2024 Budget

  • Cairo, Egypt
  • 11 May 2023
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The Egyptian House of Representatives (Parliament) approved the draft budget law 2023-2024, and the draft laws on the final accounts of the state budget and economic public bodies for the previous fiscal year (2021-2022), with a total of 55 projects. In addition to adopting a draft law linking the budget account of the National Authority for Military Production, and another approving the budget account of the Ministry of Justice and its affiliated bodies, for the same fiscal year.

The Egyptian Minister of Finance, Mohamed Maait, said in a speech to the House of Representatives (the first chamber of parliament), "The Egyptian economy is fine, and is able to overcome the current international challenges." Adding, "Together we will overcome the global crisis as we have overcome previous challenges; we are entering the new fiscal year with an ambitious budget, and more stimulating growth, production and economic recovery."

Source: (Asharq Al-Awsat Newspaper, Edited)

 

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