Cairo – Mubasher: Egypt’s minister of finance Amr El-Garhy said Thursday that he expects his country to receive financial foreign grants worth EGP 1.1 billion in fiscal year 2017/2018.
During a press conference to announce the budget draft for FY17/18, the minister noted that the volume of foreign grants could not be estimated accurately, adding that it depends on negotiations between the Egyptian government and other countries.
