Egypt’s parliament approves EGP 2.5bn budget for FY19/20

Cairo – Mubasher: The Planning and Budget Committee at the Egyptian Parliament has approved 2019/2020 budget of EGP 2.55 billion, versus EGP 1.4 billion worth of 2018/2019 budget, according to the state-run MENA news agency.

The parliament has approved to amend Law No.182/1960 on combating drugs upon a request from the government.

Moreover, the parliament also agreed to raise pensions by 15% at a minimum rate of EGP 150, setting the minimum rate for pensions at EGP 900.

Mubasher Contribution Time: 11-Jun-2019 10:50 (GMT)
Mubasher Last Update Time: 11-Jun-2019 10:55 (GMT)