Government Subsidy Spending Hike in July-Nov 2023/24

Updated 1/31/2024 1:05:00 PM
Government Subsidy Spending Hike in July-Nov 2023/24

Egypt’s subsidies and social protection amounted to EGP 156.7 billion during the July-November period of 2023, with an annual growth rate of 35.3%, according to data from Egypt’s Ministry of Finance.  

The figure represents 12.5% of the government total spending. 

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