Significant changes in FY 2015/2016 budget revenues
Estimation of Suez Canal revenues similar to last year, despite completion of…
Civil Service Law to increase state employees’ wages by 15%: Finance Minister
No one will be harmed by application of the civil service law,…
Egypt targets EGP 37.8bn in infrastructure investments
State budget will provide EGP 25.5bn in funds for public investments
Defined goals set in revised budget: Dimian
Government revision on budget included lower targeted budget deficit, lower spending and…
New state budget targets total deficit of EGP 251bn: Finance ministry
Total debt interest for local and foreign loans in state budget draft…
Government targets EGP 262bn loan for budget deficit in Q1 of FY 2015/2016
Ministry of Finance to issue treasury bills with EGP 189.5bn and treasury…
President may return draft budget to government to reduce deficit: Former economy minister
Government is obliged to adhere to old budget until new one is…
5% GDP growth, 10% budget deficit, 10% inflation by FY 2016/2017: World Bank
Uncertainty still surrounds the financing of mega-projects, World Bank said
Absence of parliament threatens transparency of state budget: Report
Except for the Muslim Brotherhood parliament, state passed all budgets since revolution,…
Public wage allocations increased by EGP 27.3bn
Spending on wages represents 26% of total public expenditures