EGYPT: Public Revenue Up.

The article discusses the statement issued by the Cairo Ministry of Finance that the country's public revenue is increasing despite higher world market prices on imports. It mentions that there is a fast increase in the public revenue as compared to import expenditure. Cairo Ministry of Finance also mentions that the public treasury has faced increased public spending to cope up with the world prices increases. According to Minister of Finance Youssef Butros, the increase accounts for almost 3% of gross domestic product adding the basic balance of the national economy.