Plans to hike pension fund investments in the EGX delayed

State pension funds won’t hike their exposure to the EGX … yet: The Social Solidarity Ministry’s Pension Funds Investment Committee, which decides how to invest the state’s pension funds, is shelving plans increase their exposure to the EGX until the government kicks off the state privatization program, government sources told the domestic press. The committee could more than double the state pension funds’ total allocation to the EGX.