Arab Finance: Dr. Youssef Boutros-Ghali, Egypt’s Finance Minister revealed that the government is intending to pump another new finance package worth LE 10 billion in the framework of stimulus policy started by the government since the beginning of global financial crises, adding that this package is the third to support economic growth.

He added that, this package will be pumped during 2010/11 fiscal year, pointing out that it will be allocated to finance infrastructure projects, as it is important to pump adequate investments in this sector which attracts private investments.

He added that, this package will be pumped during 2010/11 fiscal year, pointing out that it will be allocated to finance infrastructure projects, as it is important to pump adequate investments in this sector which attracts private investments. Adding that, he predicted that these stimulus policies would achieve growth rates of about 8-9 %.

Source: Almal newspaper