Tag: budget

Total government debt increased to EGP 4,315bn, budget deficit decreased to 3.1% of GDP

GDP grew by 5.2% during FY 2017/18, compared to 3.6% during last…

Fatma Elkholosy Fatma Elkholosy

Government intends to borrow EGP 473.75bn in Q1 of 2019 to bridge budget gap

Finance Ministry to float T-bonds, bills worth EGP 181.5bn by January, EGP…

Hossam Mounir Hossam Mounir

Egypt’s overall budget deficit rose to EGP133bn during 4 months ending last October

State's overall budget deficit down to 2.5% of GDP during period from…

Nehal Samir Nehal Samir

Oil price plummeting relieves pressure on Egypt’s budget

Recent geopolitical events have sparked key role in decreased prices

Ahmed Lamloum Ahmed Lamloum

Egypt’s 2019/20 budget targets 6.5% GDP growth, 10.9% inflation  

Plan requires increasing investment to about 25%, reducing unemployment gradually to 8%,…

Daily News Egypt Daily News Egypt

UNRWA seeks compensating significant budget gap as largest contributor US pulls out

US move comes amid others pressuring Palestinians to settle for deal with…

Amira El-Fekki Amira El-Fekki

Beltone foresees an 8.4% GDP overall budget deficit in FY 2018/19

Fuel subsidies to hit EGP 120bn, against government target of EGP 89bn…

Hossam Mounir Hossam Mounir

Egypt started implementing largest budget in its history on Sunday

Expenditure volume in 2018/2019 budget estimated at EGP 1.42tn

Nehal Samir Nehal Samir

Parliament finally approves additional credit in this year’s budget worth EGP 70.3bn

Allocations for interests on additional credit estimated at EGP 57bn, other expenses…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Parliament approves EGP 70.3bn additional allocations for current FY budget

The Egyptian Parliament approved on Sunday the draft law submitted by the…

Nehal Samir Nehal Samir