Egypt’s recently appointed President Abdel-Fattah El-Sisi said on Tuesday he will donate half of his monthly salary and half of his wealth in support of the Egyptian economy.
In a speech delivered during the commencement ceremony at the Military Academy and aired on Egyptian television, El-Sisi said he will give up half of his monthly LE42,000 salary to assist Egypt through its economic challenges.
El-Sisi also said he has refused to ratify the 2014-2015 state budget which, in its present form, would raise the total domestic debt to over LE2 trillion.
The current domestic debt stands at LE1.7 trillion.
He urged Egyptians to embrace real sacrifices for their country and to put aside sectoral demands…
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