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Egypt allocates 130 billion pounds for national relief package – finance minister

Published by
Reuters UK

CAIRO (Reuters) – Egypt allocated 130 billion Egyptian pounds ($7.13 billion) to a relief package that includes tax breaks and salary adjustments in order mitigate the effects of the global economic situation on its citizens, the Egyptian finance minister said on Monday. ($1 = 18.2300 Egyptian pounds) (Reporting by Ahmed Ismail; Writing by Lina Najem; Editing by Alex Richardson)

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