Egypt's cash reserves recorded $31.13 billion in May 2017، compared to 17.52 billion dollars in the same month in 2016، Planning Minister Hala el Saeed said.
Speaking at a press conference following a cabinet meeting on Thursday 1562017، Saeed said the economic growth rate increased by 4.3% during the period from July 2016 to March 2017، compared to 3.6% over the same period in the previous year.
She noted that today's meeting discussed also a national project aiming to serve Egypt's planning system.
The project will be established by the Planning Ministry and the Armed Forces' Survey Authority with the aim of ensuring a better state asset management.
The project will be finalized in February 2018، the minister added.