Cairo – Mubasher: Egypt’s House of Representatives will vote today on the government’s program, “Yes, We can”, which covers the period till the end of the fiscal year 2017/18.
Late in March, Egypt’s Prime Minister Sherif Ismail presented the program to the parliament, saying the government targets to reduce the current budget deficit to 8% from 11.5% of GDP. He also assured that this target is part of a government program aiming further to raise savings and investment rates for bridging the funding gap, boosting economic growth rate by 6% in two years, and decreasing inflation rate to 9% from11%.
Moreover, the strategy entails a remedial vision for improving education system, the minister said, adding that the government is building 1,000 schools for solving the issue of high classroom density.
