Tag: tax hikes

Morsi’s adviser says “IMF responsible” for loan delay

IMF held up by lack of signs of political consensus over the…

Nada Badawi Nada Badawi

Egypt’s budget deficit estimated to hit EGP 197.5bn by end of June

Last year, the budget deficit reached EGP 134.996bn.

Nada Badawi Nada Badawi

Kerry urges Morsi to make progress on economic reforms

Reform measures hampered by unrest and lack of political support for plans

Nada Badawi Nada Badawi

IMF: Inflation in Egypt expected to rise by 10.9% this year

The International Monetary Fund also projects the country’s budget deficit to shrink…

Nada Badawi Nada Badawi

Al-Saeed: Tax reforms are part of a programme to overcome the current crisis

Changes in the tax code had been approved after the ministry had…

Liliana Mihaila Liliana Mihaila

IMF deal approval delayed

The International Monetary Fund said that Egypt had asked to delay its…

Liliana Mihaila Liliana Mihaila