Egypt announced a plan for the issuance of treasury bills and bonds worth 181.5 billion Egyptian pounds, but experts say the government should slash outlays and increase public revenues through a raft of measures to ease the country's budgetary woes.
The UN Support Mission in Libya (UNSMIL) called on the GNA to get a handle on armed groups in the country. The war-torn country has been gripped by violence following the 2011 NATO-backed uprising that toppled longtime dictator Muammar Gaddafi.
The Egyptian parliament approved a 200 billion Egyptian pounds ($11 billion) sovereign wealth fund to be established which will contribute to sustaining economic development. The Egypt fund was given 5 billion Egyptian pounds to start up, and a 1 billion pound immediate transfer.