This endorsement precedes the submission of the budget to the House of Representatives by the constitutional deadline at this month's end.
Madbouly emphasized that the government has implemented measures regarding sugar imports, and several shipments have already begun arriving, ensuring a seamless supply of commodities to control the prices.
These draft laws also includes authorizing the Minister of Petroleum and Mineral Resources to contract with the EGPC and HBS International Egypt Limited, to amend the commitment agreement to exploit oil in the southwestern El Alamein region in the Western Desert.
This committee has the primary objective of establishing and strengthening a comprehensive institutional framework for managing crises, disasters, and risk reduction at the national level.
These decisions included the devaluation of the Egyptian pound, resulting in its value dropping to over 50 per dollar by midday, in contrast to the maintained rate of approximately 30.9 over the past year.
