Tag: budget

Planning and Budget Committee to submit FY 2017-18 budget report to parliament’s secretariat 

The government will increase education allocations by EGP 20bn and higher education…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Increase in stamp and tax collections in next budget: government source

Recent increases reduce the budget deficit and contribute to the control of…

Mohamed Ayyad Mohamed Ayyad

Parliament starts discussing amendments of the state resources development fees law on Monday

The project was passed to the committee since April and was delayed…

Wages account for 55% of health financial allocations in next budget

The allocations include EGP 10.3bn for investments, EGP 4.1bn for subsidies, and…

Mostafa Fahmy Mostafa Fahmy

Egypt’s budget ambitious with broad challenges

Despite the reforms, EGP 370bn will be added to the public debt…

Mohamed Ayyad Mohamed Ayyad

Central Egypt Electricity’s allocations amount to EGP 600m for FY 2017/2018

The company considers a request to construct a 12 MW solar power…

Mohamed Farag Mohamed Farag

We prepare draft laws to implement the new social security package: El-Garhy

Total cost of the package amounts to EGP 46bn, with no impact…

Ahmed Farahat Ahmed Farahat

Finance ministry allocates EGP 9.4bn for sanitation in health budget for FY 2017/2018

The parliament insisted on the health allocations defined by the constitution, says…

Government to cut taxes on low-income employees by EGP 7bn in next budget

Tax deduction of about 80% for low-income and 40% for middle-income

Mohamed Ayyad Mohamed Ayyad

Egypt’s spending in built environment increases by 62%

The real per capita spending in new cities dropped to EGP 16,916…

Shaimaa Al-Aees Shaimaa Al-Aees