76 337
Assignments Done
Successfully Done
In May 2019

Answer to Question #58416 in Finance for Nehal

Question #58416
Did the tools that the Egyptian government uses to finance the deficit are efficient?
Expert's answer
Deep cuts to fuel subsidies have allowed Egypt to sharply reduce its budget deficit. Including electricity and food, subsidies account for more than a quarter of Egyptian government spending. That's why Egypt’s budget deficit dropped 0.7 percentage points to 11.5 per cent of GDP. These tools seem to be efficient enough to finance the deficit.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions