Budget talks at the House: Discussion of the FY2017-18 budget continue today at the House of Representatives, according to Al Mal, with Supply Minister Ali El Moselhy set to meet with members of the economics and budget committees. The budget committee is also expected to discuss spending priorities with the minister of sport. CIT Minister Yasser El Kadi is also due before the House’s Communications Committee this week for budget talks.

The Contractors’ Compensation Act — a bill meant to compensate contractors for losses incurred on government contracts after the EGP float — is expected to come to a plenary session vote at the House of Representatives’ before by 29 May and be enforced before the end of June, the Head of the Federation of Egyptian Contractors Hassan Abdel Aziz told Al Borsa on Sunday. MPs had approved the act in March and passed it on to the Council of State for a final review.

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