EconomyEgypt to cut government spending amid Middle East crisis
Egypt’s government has approved public spending cuts and suspended funding for non-urgent projects in response to the economic effects of the Middle East crisis. Measures include cutting fuel use by state vehicles 30%, reducing electricity use by state institutions 20% and freezing at least 20% of other government procurement spending. They are planned for three months, with possible extension, while projects in healthcare, education, water supply and food security continue.
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TASS★★★☆☆2026-11-06 10:56Original
Egypt to cut government spending amid Middle East crisis