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Suez Canal breaks records, transfers EGP 74 bln to state treasury
MENA Published in Ahram Online on 09 - 06 - 2019

Egypt's finance ministry said the Suez Canal Authority (SCA) has provided the state treasury with EGP 74 billion in the 2018/2019 fiscal year.
The figure is historically the highest, the ministry added in a statement on Saturday.
It does not include operating and maintenance expenses, financing investment plans, expansions and many projects serving the national economy, the statement read.
The total revenues have recorded a remarkable increase, reaching EGP 104.2 billion in the 2018/2019 fiscal year, compared to EGP 74.2 billion two years ago, with a growth rate of 40.4 percent.

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