CAIRO (Reuters) – Egypt’s 2017/18 budget targets 4.6 percent growth, Finance Minister Amr El-Garhy said at a news conference on Wednesday after the cabinet approved the budget.

Garhy also said interest on debt would reach 380 billion pounds ($20.88 billion), up from 304 billion pounds in the current year.

($1 = 18.1950 Egyptian pounds)

(Writing by Asma Alsharif; Editing by Alison Williams)