X Close

World

Published: Tuesday January 28, 2014 MYT 6:25:58 PM
Updated: Tuesday January 28, 2014 MYT 6:26:48 PM

Egypt's second stimulus package almost ready, details within days - minister

CAIRO (Reuters) - The details of Egypt's second stimulus package since Islamist President Mohamed Mursi was ousted last July will be announced within days, Finance Minister Ahmed Galal told reporters at an investment conference on Tuesday.

"It is ready, we just have a part missing with the oil ministry, ... and we'll announce it within days," Galal said.

Supported by more than $12 billion in Gulf aid, Egypt's interim government introduced a 30 billion Egyptian pound ($4.3 billion) stimulus package in 2013 and said it would launch another one of about the same size this month.

(Reporting By Asma Alsharif, writing by Shadia Nasralla; Editing by Janet Lawrence)

advertisement

  1. Air Algerie loses contact with plane over west Africa
  2. US teenager who was circling globe in plane dies in crash
  3. MH17: Victims remembered at Glasgow games opening
  4. Grandma robbed, stabbed to death, with granddaughter in next room
  5. MH17: 'Mummy, I am back to being alone'
  6. TransAsia Airways plane crashes in typhoon-hit Taiwan, 47 dead
  7. Woman bashed up after honking error
  8. ‘Our lives turned upside down in a day’
  9. Ukrainian villagers recall how victims dropped onto streets and houses
  10. Land for family but there’s no family

advertisement

advertisement