Egypt allocates total of LE12 billion to four important fields for 2022/23 budget ...Egypt

The total support directed by the Egyptian government to several areas of economic development within the budget for the current fiscal year 2022/2023 is around LE12.76 billion. This figure represents 3.4 percent of the total financial allocations for “support, grants and social benefits” included in this year’s budget, amounting to more than LE355.9 billion. The values of support directed to the four areas of economic development are as follows: Support to stimulate exports, with a value of six billion LE. Supporting the natural gas delivery program for homes, with a value of LE3.5 billion. Supporting the Nile Basin Initiative, with a value of LE500 million. Supporting the vehicle finance

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