Cairo – Mubasher: Egypt’s President Abdel Fattah El-Sisi has issued law no. 103 of 2019 for linking the budget of Egypt Post Authority to fiscal year 2019/20, after being ratified by the parliament.

The estimated budget for Egypt Post stood at EGP 59.76 billion for fiscal year 2019/20, this new law has been published in the official gazette on 7 July.

It is worth noting that the Egyptian parliament has approved Egypt Post Authority’s budget for fiscal year 2018/19 at EGP 54.5 billion.