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CAIRO — Egypt’s parliament gave its vote of confidence to the new government July 24, signifying its approval of new Prime Minister Mostafa Madbouli, Cabinet members, and the government's social, economic and political policy statement.
This program, however, stirred wide controversy as Finance Minister Mohammed Moaet announced July 5 that the government will increase its investments to 100 billion Egyptian pounds ($5.6 billion) from 70 billion pounds ($3.9 billion) in the 2017-18 fiscal program.
