Tag: finance ministry

Finance Ministry considers increasing income tax for some sectors

Some sectors have not achieved targeted tax,  therefore ministry targetting tax structures…

Ahmed Ismail Ahmed Ismail

Finance Ministry offers international bonds tender this month

Ministry consulting with international banks to determine timing, currency of offering

Ahmed Ismail Ahmed Ismail

Finance Ministry reduces development fees imposed on new cars

Committee suggests development fee should be calculated for private cars based on…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

T-Bonds outstanding balances increased by EGP 9.7 bn end of October: Finance Ministry

EGP 8.5bn worth of bonds due in November, maturity period extended to…

Hossam Mounir Hossam Mounir

Size of outstanding T-bonds registers EGP 679.76bn in September 2017: Finance Ministry

Banks are considered the biggest investors in bonds and treasury bills, which…

Hossam Mounir Hossam Mounir

Government increases borrowing from domestic market to highest level ever during Q2 2017/18

The Finance Ministry revealed its intention to borrow EGP 389.25bn through treasury…

Hossam Mounir Hossam Mounir

Finance Ministry to lower customs exchange rate to EGP 16 

The increase is very tiny, as it doesn’t represent 0.5% of the…

Shaimaa Al-Aees Shaimaa Al-Aees

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

Outstanding T-Bond balance registers EGP 679.76bn until end of July 2017: Finance Ministry

Bonds floated abroad reached $14bn, including $10bn issued in the last 7…

Hossam Mounir Hossam Mounir

Supply Ministry notifies Finance Ministry about their agreement with mills to pay EGP 500 to grind wheat

Reviewing prices every 6 months and take into account government decisions that…

Selim Hassan Selim Hassan