The details of the 3.8 billion grants are known as the New Year budget

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Monitoring the financial statement for the year 2019/2020 Details of the grants in the draft budget presented to the House of Representatives, headed by Dr. Ali Abdel-Al, and estimated at about 3 billion and 805 pounds (0.06% of the gross domestic product), compared to about 141 billion pounds in the fiscal year 2018/2019 (0.02% of GDP), an increase of 2 billion and 664 million pounds, an increase of 223.6%.

Estimated grants during the new financial year are divided by:

1 – Grants from the governments of the estimated 3 billion and 428 million pounds.

2 – Grants from international organizations estimated at 322 million pounds.

3 – Grants from government agencies estimated at 55 million pounds.

It should be noted that these grants constitute 0.34% of the total public revenues and represent only 0.24% of the total public expenditure of about one trillion and 574 billion and 559 million pounds.

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(tagsToTranslate) Budget (t) Grants (t) House