The government will discuss the budget for FY2017-18 in two weeks’ time, Prime Minister Sherif Ismail said, according to Al Mal. Ismail says the draft budget should be ready by the end of the week and will be reviewed by the cabinet in the following meeting.

Al Borsa has apparently received confirmation that the Natural Gas Act will be voted on by the House’s general assembly at the end of the month from House Energy Committee member Hamada Ghallab.

A World Bank delegation is due in Cairo in the first half of March to evaluate the economic reforms as Egypt anticipates receiving a second tranche of the USD 3 bn development loan sometime soon.

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