Tag: budget

Government plans to borrow EGP 478.5bn to fill budget deficit

Finance Ministry launches bids for T-Bills, T-Bonds for EGP 184bn in April,…

Hossam Mounir Hossam Mounir

Egypt targets budget deficit of 7.2%, GDP growth of 6.1% in FY 2020: Finance Minister

The Egyptian government targets a budget deficit of 7.2% and a GDP…

Tamer Farhat Tamer Farhat

EGP 21bn primary surplus, total deficit reduced to 3.6% of budget in H1 FY 2018/19: Moeit

Real estate tax revenues increase by 102%, education, health, public investments expenditure…

Mohamed Samir Mohamed Samir

SCZone budget of EGP 10.4bn for the next FY approved 

Revenues from settlements expected to reach EGP 3.4bn in coming years, says…

Mohamed Farag Mohamed Farag

Goldman Sachs Group Inc, IIF, expect lower oil prices in 2019

Each dollar increase in oil barrels from budget target costs state additional…

Daily News Egypt Daily News Egypt

Total government debt increased to EGP 4,315bn, budget deficit decreased to 3.1% of GDP

GDP grew by 5.2% during FY 2017/18, compared to 3.6% during last…

Fatma Elkholosy Fatma Elkholosy

Government intends to borrow EGP 473.75bn in Q1 of 2019 to bridge budget gap

Finance Ministry to float T-bonds, bills worth EGP 181.5bn by January, EGP…

Hossam Mounir Hossam Mounir

Egypt’s overall budget deficit rose to EGP133bn during 4 months ending last October

State's overall budget deficit down to 2.5% of GDP during period from…

Nehal Samir Nehal Samir

Oil price plummeting relieves pressure on Egypt’s budget

Recent geopolitical events have sparked key role in decreased prices

Ahmed Lamloum Ahmed Lamloum

Egypt’s 2019/20 budget targets 6.5% GDP growth, 10.9% inflation  

Plan requires increasing investment to about 25%, reducing unemployment gradually to 8%,…

Daily News Egypt Daily News Egypt