Dr. Youssef Boutros Ghali, Minister of Finance said during a press conference after a meeting of Supreme Council of National Party policies that the volume of wages in the new budget is 80 billion pounds, an increase of 11% and this  is the result of natural increase of the rotating annual wage and subsequent increase in variable wages, adding that the discussions designed to get maximum benefit from the allocation of funds, both regular as well go to 5.7 million employees fixed in a stable job or a part of the allowance funds to pump in public spending on infrastructure projects that can provide employment opportunities for those who have no income , pointing that each billion spent on projects can create 100 new jobs.

Finance Minister added that we made use of the balance of economic power that have been made in the context of the economic reform program in order to spend during the next year, he said that the domestic debt declined to 64% and became safe after the record had reached 101% in 2005, which provides energy to the service religion allows borrowing of approximately one hundred billion pounds.

And emphasis that the spending will focus on investment, which increases the ability of the economy to generate more jobs and impact on the achievement of long-term growth rate of up to 9% instead of 7.5%, based on what has been achieved in infrastructure.

On the global economic crisis, Finance Minister said: We note that we have made a simple breakthrough in rate of deterioration and negative growth rates in some countries up to half or zero per cent and it was agreed to increase funds for global institutions to cope with the increased borrowing for the recovery of global economies.
(Source : Al-Messa)