Egypt spends EGP 465m in green stimulus, as part of obsolete vehicle replacement initiative: Finance Minister
Over 20,000 citizens benefit from presidential initiative during FY2022: Maait
We look forward to converting Gulf deposits in Egypt into real investments: Finance Minister
Maait also indicated his appreciation for the Gulf’s growing role in supporting…
Finance Minister ask businesses to pay taxes before end-June to realize new facilities
Maait stressed that these new tax facilities reflect the state's keenness to…
Successive global economic crises doubled importance of alternative financing: Finance Minister
Egypt is leading the transition to a green economy in MENA
Egypt to offer new investment incentives to encourage private sector: Finance Minister
Egypt has become major destination for British investments in Middle East: British…
Development, automation of 90% of financial directorates to be completed before end of June: Finance Minister
The government is paying special attention to rationalising public spending
Egypt to complete payroll automation for state employees by 2022-end: Finance Minister
Ministry, in cooperation with e-finance, has prepared guide for payroll system
Egypt’s expenditures reach EGP 2.71trn, revenues at EGP 1.518trn in 2022/23 draft budget: Finance Minister
Debt service ratio reduced to 7.6% of GDP, 33.3% of budget expenditures
EGP 2bn allocated to supporting special funds in governorates, ensuring social stability for workers: Finance Minister
He explained that the Ministry of Finance is following up on the…
Egypt’s economy succeeded in dealing with shocks throughout FY2020/21: Finance Minister
Surplus is used to finance part of the interest on public debt