Egypt’s finance minister refused to rule out requesting further international aid, admitting the country was unable to be “totally self-sufficient.”
His comments come as Egyptians vote on a new constitution that will set the stage for parliamentary and presidential elections later this year.
“The Egyptian economy can benefit from the all the stimulus it can get,” Ahmed Galal, who was appointed minister of finance in July 2013, told CNBC.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.