Finance Minister Mohamed Maeit said the State's general budget repaid EGP 288 billion to the National Organization For Social Insurance (NOSI) in 21 months upon directives of President Abdel Fattah El Sisi to settle the financial entanglement with the organization.
The State's budget of the fiscal year 2019/2020 increased the scholarship’s share up to LE 3.8 billion
The new regional ring road spares the state budget around 900 million annually: Hisham Arafat
The budget expenditure was LE 1.207 trillion, while the revenues were set at LE 852.34 billion.
State budget draft for FY2017/18 allocates over LE 68 billion for higher education and LE3 5 billion for scientific research.