Finance ministry to adopt ‘balanced’ fiscal policy
GPD growth rate will register between 2% and 2.5%, says finance minister
Budget deficit records EGP 89.4bn in first half of 2013/2014
Total value of revenues reaches EGP 175.4bn and total expenditure registers EGP…
Government has spent EGP 18bn of first stimulus package: Finance minister
The government’s stimulus package will yield results by the end of Q1…
Economic stimulus plan includes EGP 16bn for investment
EGP 29.6bn package allocates 2.6bn for wages, 6bn for subsidies and 4bn…
EGP 4bn in contractor dues to be repaid by government in coming weeks: Finance minister
Poverty rates have increased from 20% to 25%.
Finance minister promises no new taxes
Galal announced that no property taxes or income taxes would be modified…
Egypt’s budget deficit to decline in 2013/2014 fiscal year
The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…
Finance minister directs Gulf aid to foreign reserves and state budget
Expert: Value of aid is “economically misleading” and unlikely to raise the…
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended…
Budget transparency essential to economic recovery: report
The research, titled The Illusion Dispelled, was focused on identifying the economic…
