Tag: deficit

Budget under review, hearing to be held Wednesday: PM media adviser

Cabinet to hold weekly meeting Wednesday, Prime Minister to hear ministers’ proposals…

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Fiscal deficit to remain in double digits, inflation unlikely to rise: CitiBank

Economy remains weak with consumption under pressure and investment affected, the report…

Sara Aggour Sara Aggour

Reforms will help curb budget deficit: Mehleb

Outgoing Prime Minister Ibrahim Mehleb said the government has presented a ‘bold’…

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1H FY 2013/2014 BOP registers $2bn surplus

The current account balance came in at $755.8m, down from $757m registered…

Sara Aggour Sara Aggour

Egypt may receive an additional $6bn from Gulf countries: Dcode

Economic and financial consulting firm Dcode estimates that Egypt will receive additional…

Sara Aggour Sara Aggour

Balance of payments jump to $3.7bn

Significant rise in the account surplus is lessened by dramatic fall in…

Sara Aggour Sara Aggour

Egypt current account hits surplus in first quarter

Reuters - Egypt's current account recorded a surplus of $757 million between July…

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Budget deficit ratio stabilises at 2.9% of GDP, domestic debt surges to 73.5% of GDP: MOF

Ministry of Finance says GDP grew by 2.1% to EGP 1608.6bn during…

Sara Aggour Sara Aggour

Central Bank economically reflects on Egypt’s BOP

Central Bank of Egypt: current account deficit retreated by 45% to reach…

Sara Aggour Sara Aggour

Finance ministry hopes to cut budget deficit to 10% after minimum income implementation

The new law will cost the Treasury upwards of EGP20bn.

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