Despite COVID-19, Egypt’s budget deficit drops to 7.8% in FY 2019/20
Minister of Finance Mohamed Maait said the country had achieved a primary…
Budget deficit at 6.3%, expected to reach 7.5% amid COVID-19: Finance Minister
Constant monitoring of situation needed, particularly for annual budget which was prepared…
Further EGP 10bn allocated to FY 2019/20 budget against COVID-19
A report issued by the Ministry of Planning and Economic Development added…
Government special funds better stay off-budget: Finance Ministry
Economic authorities’ excesses have been resolved, improved governance achieved
Egypt ranks second-highest in Middle East on budget transparency index: Finance Minister
Results illustrate Finance Ministry’s efforts to provide information to citizens, says Maait
Draft 2020-2021 budget sets oil price at $61per barrel
State employees’ wages to increase by 11.3%: Finance Minister
President Al-Sisi orders wage increase for public workers in 2020/21 budget
Periodic bonus of 7% for civil servants, 12% of basic salary for…
Egypt’s budget deficit rose to 2.1% of GDP in Q1 of current FY:MOF
The report attributed this slight increase in the budget’s deficit to the…
Egypt to apply participatory budgeting in FY 2020/21: Finance Ministry official
The results of the Citizen Budget initiative encouraged introducing the participatory budgeting,…
Egypt’s primary budget surplus registers EGP1bn in July: MOF
NIR increased to $45 bn in August 2019 covering 8 months of…