Egypt to launch social dialogue to build balance for upcoming fiscal year

 Egyptian Minister of Finance, Mohamed Maait, announced on Sunday that the government is to launch a social dialogue about the upcoming fiscal year which starts in July, Anadolu reported.

In a statement, Maait said that the social dialogue, which was set to start in the few coming weeks, was proposed by President Abdul Fattah Al- Sisi.

"We are targeting just distribution of budget appropriations that consider responding to the development needs for all areas and social castes, concentrating on development priorities and widening protection of social network," Maait said.

He added: "We are committed to meeting the needs of the citizens and decreasing the effects of inflation on them, as well as achieving economic targets through reinforcing financial control, the competitiveness of the Egyptian economy, improving the work environment, and easing procedures to encourage investments."

The industrial, trade, business people, youths, MPS, women, pioneers, economic experts, journalists, researchers, and university professors are to take part in the social dialogue.