Planning Minister Ashraf el Araby

The Egyptian government intends to adopt a number of incentives during the current fiscal year with the aim to give the national economy a shot in the arm, said Planning Minister Ashraf el Araby Tuesday. 

Addressing the inaugural session of a conference of CEOs organized by Al Mal GTM, Araby said those incentives include paying dues of construction companies, as well as the value of price difference after the liberalization of the exchange rate.

Statistics of the first quarter of this fiscal year will reveal whether reform measures have borne any fruit, the minister told the CEOs