Egypt’s financial performance indicators from July to March in current fiscal year 2020-2021 saw an unprecedented improvement as a result of economic/financial policies and reforms pursued by the government recording an initial surplus of LE25 billion despite COVID-19 repercussions, Finance Minister Mohamed Maait announced. He explained that the government provided the required funding to support the sectors and groups most affected, met the needs of the health sector to confront the pandemic, greatly increased government investments, met the needs of budget agencies, and paid the dues of the Insurance and Pensions Fund with the state treasury. In a Tuesday statement, the minister said that
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