Cairo – Mubasher: Egypt plans to raise international reserves in fiscal year 2018/2019.
The North African nation seeks to boost its foreign reserves to be sufficient to cover more than six-month imports, according to the draft budget for FY18/19 highlighted.
It is worth noting that the country’s foreign reserves rose to $42.611 billion at the end of March 2018, versus $42.524 billion in February 2018.