Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman
Investors welcome the move to reduce energy subsidies, but ask government to…
Civil society organisations call for budget transparency
Finance ministry has failed to meet legal obligations in publishing budget drafts…
Ministry of Finance rates Egyptian banks
The ministry releases statement listing top five Egyptian banks that trade treasury…
Real GDP records a growth rate of 2.3%
Finance ministry: deceleration of private consumption and investment spending during the period…
Government records EGP 240bn budget deficit in last fiscal year
59% of increases for government expenditures are for subsidies and debt settlements
A solution for Egypt’s fuel crisis?
The recurring petrol and diesel crises have left Egypt’s streets paralysed and…
Budget deficit reaches EGP 197.5bn
Current deficit now amounts to 9.5% of GDP
CBE reports EGP 11.3billion balance of payment deficit
The Central Bank of Egypt (CBE) announced Monday that Egypt’s balance of…
Previous fiscal year characterised by rising GDP deficit
The Egypt Economic Performance Report for July-May of the fiscal year 2011-2012…