Tag: deficit

Government will not wait for an elected parliament to sign IMF loan agreement

Cabinet spokesperson: “President Morsy currently has legislative authority in the absence of…

Ahmed Aboulenein Ahmed Aboulenein

Ministry of Finance to issue more FRNs

The Ministry of Finance has reported it will issue an additional EGP…

Islam Serour Islam Serour

The Economist: Egypt third most indebted nation in the world

By Hend El-Behary Egypt is the third most indebted country in the…

Daily News Egypt Daily News Egypt

Indian PM heckled over reforms

Supreme Court lawyer shouted for the prime minister to "roll back" the…

Daily News Egypt Daily News Egypt

Egypt cellular carriers condemn new tax-per-minute proposition

By Hend El-Behary A wave of condemnation from Egypt’s main cellular carriers Mobinil,…

Daily News Egypt Daily News Egypt

CAPMAS: Trade deficit has risen 48 per cent

By Hend El-Behary Egypt's trade deficit nearly doubled, reaching EGP 17.6 billion…

Daily News Egypt Daily News Egypt

Potential new tax on mobile phone calls

Mobile tax, a new burden on the average citizen!?

Daily News Egypt Daily News Egypt

Government promotes public-private partnerships

Driven by the current financial shortfall, the Egyptian government has begun discussions…

Islam Serour Islam Serour

Mass anti-austerity rallies in Spain, Portugal

"I see the future as very black", says a 55-year-old worker

Daily News Egypt Daily News Egypt

Real estate tax expected to raise EGP three billion

Half of real estate tax revenues will be directed to bridging the…

Islam Serour Islam Serour