Tag: budget

Government needs to think how to capture spending outside budget: David Cowan

Africa had registered the lowest growth rate since 1994 in 2016 because…

Nevine Kamel Nevine Kamel

6 ministries to be reviewed by committee during current FY:  Silvia Nabil

The ministries are: transport, communications, housing, new urban communities, telecommunications, information technology,…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Parliament awaits government’s request to add additional budget allocations 

In addition to the fluctuations of oil prices in international markets and…

Shaimaa Raafat Shaimaa Raafat

We aim to reduce the budget deficit to 4% by 2022: Finance Minister

Foreign exchange shortage has ended for every, said Amr El Garhy

Mohamed Ayyad Mohamed Ayyad

Egypt budget deficit to hit 8.8% of GDP in FY 2017/18: World Bank

A recent report issued by the world bank has expected Egypt’s budget…

Daily News Egypt Daily News Egypt

Finance Ministry completes linking public budget to treasury account in November

GFMIS system for all public budget bodies will be completed by the…

Daily News Egypt Daily News Egypt

Egypt’s budget deficit drops 1.6% in FY 2016/17

“Egypt`s budget deficit dropped to 10.9% of GDP instead of 12.5% during…

Nihal Mounir Nihal Mounir

Parliament approves FY 2017/18 budget, implementing it pending president’s approval

Expected deficit at 9.1%, economic growth at 4.6% to adjust government finances

Mohamed Ayyad Mohamed Ayyad

The government aims at borrowing EGP 371bn to fund budget deficit during Q1 of new FY 

Ministry of Finance offers T-bills worth EGP 349.5bn and bonds worth EGP…

Hossam Mounir Hossam Mounir

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