CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and…
Ministry of Finance impugns validity of leaked budget
We do not target specific dollar exchange value in new budget, says…
Another round of high inflation anticipated following new custom tariffs
Government custom revenues recorded 8.7% of total value of imports in first…
Budget deficit will be above government expectations: Fitch Ratings
Mega projects were a catalyst for some private sector investments and helped…
Finance Ministry denies discrepancies in FY 2014/2015 posted budget
Ministry issued a similar statement in December 2013 regarding accusation of EGP…
4.5% increase in economic growth rate for FY 2014/2015
Government sets ambitious goal for economic growth to reach 5%-5.5% in upcoming…
Government eyes 9.5% budget deficit, 5.5% economic growth
FY 2016/2017 draft budget will be the first discussed by parliament in…
German auditors warn of risks to balanced budget
A German financial watchdog has warned the German government's preoccupation with balanced…
Egypt ranked in high risk category for corruption in defence, security sectors
Detailed defence budgets on global scale not made public, only aggregated numbers…
