Cairo – Mubasher: The financial indicators of Egypt’s general budget revealed achieving EGP 20.8 billion initial surplus in the first six months of current fiscal year, against 0.3% initial deficit in the year-ago period, presidential spokesman Bassam Rady said.

The deficit rate from the gross domestic product (GDP) fell to 3.6% from the beginning of July to December 2018, compared to 4.2% in the corresponding months in the previous fiscal year, Rady added in a statement.

The Egyptian official further noted that governmental investments increased largely to EGP 55.7 billion.