Egypt's President Abdel Fatah al-Sisi (Reuters)
President Abdel-Fattah El-Sisi approved Law Numberr 74 of 2021 on the state budget for the Fiscal Year (FY) 2021/22.
As per the law, passed by the House of Representatives, the public expenditures for the FY 2021/22 stood at EGP 2,461,014,707,000 (about $157.0 billion) while the state's revenues are estimated at EGP 1,392,506,319,000 (about $88.8 billion).
The law was published Sunday in the official gazette.
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