Egypt has contracts to sell $1.9 bln worth of state assets - PM
July 11, 2023 / 11:51 PM
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Egypt's Prime Minister Mostafa Madbouly
Sharjah 24 – Reuters: Egypt has contracts to sell $1.9 bln worth in stakes of state assets as part of a programme to boost the private sector and raise hard currency, Prime Minister Mostafa Madbouly said on Tuesday.
Egypt, which has been facing persistent foreign currency shortages, expects to increase its annual inflow of hard currency to $70 bln per year by 2026, Madbouly told a press conference.
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