CAIRO (Reuters) - Egypt's new president pledged on Tuesday to give up half his salary and property and called on the Egyptian people to make similar sacrifices, in a bid to prepare the public for a period of painful economic austerity.
In an impromptu speech at a military graduation ceremony, Abdel Fattah al-Sisi said he had refused to sign off on a 2014/15 budget proposal following lengthy discussions this week because it was too dependent on ballooning borrowing.
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