Pre-Trading Thoughts

Minister of Planning said that priority in the FY2024/25 budget's development plan has been given to establishing and expanding water and food security projects. The Council agreed on the draft budget for FY 2024-25, as well as the budgets of public economic bodies, in preparation for sending them to the House of Representatives. The budget targets primary surplus of 3.5% and a EGP1.35 trillion deficit, with a downward trajectory for the overall deficit to reach 6% on the medium term.&n...