Tag: ministry of finance

Budget deficit 9.9% of GDP according to draft budget

Estimated tax revenue amounts to EGP 444.4bn, with growth rate of 5%…

Daily News Egypt Daily News Egypt

Ministry of Finance denies applying VAT on international schools

The news was heavily criticised by social media users

Sara Aggour Sara Aggour

Ministry of Finance impugns validity of leaked budget

We do not target specific dollar exchange value in new budget, says…

Mohamed Ayyad Mohamed Ayyad

$1.208bn offered for investment in treasury bills

Return on bills increased by up to compared to last CBE auction…

Hossam Mounir Hossam Mounir

Outstanding balances of treasury bonds increased by EGP 13bn

Total value of bonds issued in EGP increased to EGP 698.85bn until…

Hossam Mounir Hossam Mounir

Ministries of investment, finance meet with CBE to discuss activation of secondary bond market

Investment Ministry and EFSA form joint committee to reduce fees for listing…

Mostafa Fahmy Mostafa Fahmy

122,000 property tax appeals: Finance ministry

Fifth Settlement district paid highest value of taxes, spokesperson says

Daily News Egypt Daily News Egypt

Expenditure on subsidy, grants, social benefits increased by 52% in July-October FY 2015/2016

The increase was attributed to a rise in bread and ration commodity…

Daily News Egypt Daily News Egypt

Ministry of Finance announces EGP 96.7bn budget deficit in first trimester of FY 2015/2016

State expenditures totaled EGP 221.2bn, an increase from the EGP 183.7bn in…

Daily News Egypt Daily News Egypt

Ministry of Finances announces tax revenue for first third of FY 2015/2016

EGP 18bn increase in revenue compared to 2014/2015 FY attributed to reforms…

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