Egypt

Egypt financial situation shows positive signs, ministry says

The Egyptian Finance Ministry said on Thursday the country's financial situation is showing positive signs.

The ministry in a Thursday statement said there were no concerns regarding the delivery of services and commodities to the population.

"There are no fears of problems concerning the financing of daily business of the state or the delivery of public commodities and services to citizens,” the statement said.

The statement comes after the Egyptian armed forces on Wednesday removed elected President Mohamed Morsy and announced a roadmap for the future that received the support of a broad spectrum of the youth, politicians and religious figures.

 

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