Egypt will announce details of its second stimulus package since Islamist President Mohamed Mursi was ousted in July within days, its finance minister said on Tuesday, aiming to boost tepid growth and reassure investors.
Egypt's economy has continued to suffer from investment outflows and a drop in tourism during political turmoil since autocrat President Hosni Mubarak was toppled in an uprising in 2011. The economy grew by just 1.04 percent in the three months through last September from a year earlier, according to latest central bank data.
In the latest sign of turmoil, a senior Egyptian Interior Ministry official was killed outside his home in Cairo on Tuesday, putting pressure on the military-backed government as it struggles to contain an Islamist insurgency.
The interim government is trying to give out assurances that the country is safe for investors.