Tag: deficit

Egyptian cabinet approves budget draft for FY 2015/2016

Government targets 9.9% budget deficit and expect a 23% increase in revenues

Sara Aggour Sara Aggour

January trade deficit down by 20.7% year-on-year

Imports stood at EGP 31.47bn during January, 21.2% less than the EGP…

Dahlia Kholaif Dahlia Kholaif

Government target 4.2% growth rate for current fiscal year: Salman

Target for foreign investments for FY 2014/2015 is $8bn, says investment minister

Sara Aggour Sara Aggour

1,300 MW addition to electricity grid in August may not end power outages: Energy expert

Energy expert Mohamed El-Sobky says if natural gas supplies to power stations…

Doaa Farid Doaa Farid

Planning ministry targets 14% investment growth, 3.2% economic growth for FY 2014/2015

Government seeks to increase investments to EGP 336.9bn, increase imports by 3.8%…

Sara Aggour Sara Aggour

Balance of payments surges, deficit drops over 9 months: Ministry of Finance

Industrial production, debt, revenues and expenditures all saw increases

Sara Aggour Sara Aggour

Petroleum price hikes spark widespread outcry

“Thugs” forcing fuel stations to sell at old price yet police are…

Mohamed Adel Mohamed Adel

Continued energy deficit amounts to 15m cubic metres daily: EGAS official

70% of Egypt's gas production pumped to power stations through Ramadan, senior…

Daily News Egypt Daily News Egypt

Budget deficit pushed to 10% of GDP and debt to 90% of GDP: Finance minister

Total expenditure set at EGP 789bn, revenues expected to reach EGP 549bn,…

Sara Aggour Sara Aggour

Budget deficit down to 10%, state budget approved by the president

Total expenditure set at EGP 789bn while revenues expected to reach EGP…

Sara Aggour Sara Aggour