Sisi ratifies law on budget of Suez Canal Economic Zone for FY 2019/20

MENA , Sunday 7 Jul 2019

A file photo of Egypt's president Abdel-Fattah El-Sisi (Photo: Egyptian Presidency)

Egyptian President Abdel-Fattah El-Sisi has ratified Law No.11 of 2019 pertaining to the budget of the General Authority for the Suez Canal Economic Zone (SCZone) after it was passed by the House of Representatives.

The law estimated the budget of SCZone for fiscal year 2019/20 at EGP 10.4 billion.

The law was published in the official gazette on Sunday.

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