Egypt’s budget deficit estimated to hit EGP 197.5bn by end of June
Last year, the budget deficit reached EGP 134.996bn.
Egypt ranks low for competiveness
Country slides 13 places in global competiveness survey
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…
Budget deficit reaches EGP 175.9bn over last nine months
Finance Ministry: Deficit now at 10.1% of GDP
Government amendment package to close budget deficit and amend subsidy laws
Half of revenues collected from real estate taxes to be used to…
Government borrows another EGP 13bn
New bidding round for T-bills to counter declining yields
CAPMAS: Egypt exports EGP 15.68bn in goods during January
Rise attributed to increases in export of fresh oranges, crude oil, pastas,…
Budget deficit reaches EGP 197.5bn
Current deficit now amounts to 9.5% of GDP
‘Save Egypt’s Economy’ Conference: Round-up
Economists at the conference offered suggestions regarding closing the widening budget deficit…
New Budget to be presented to Shura Council in March
The Ministry of Finance has consulted with a number of government agencies…