Tag: minister of finance

Parliament summons El-Garhy next week to discuss budget indicators

Difficult financial circumstances may force government to cut bought investment, goods,services: Khalil

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Egypt’s treasury bonds: high interest, but for what?

The government of President Abdel Fattah Al-Sisi promised to carry out a…

Hisham Salah Hisham Salah

92% of offers on US dollar-denominated bonds came from investment funds or banks: Kojak

High demand on US dollar-denominated bonds caused rise in issuance value, says…

Hisham Salah Hisham Salah

Egypt is moving in a new economic direction, reforms are hard but necessary: Chris Jarvis

Foreign exchange and inflation rates exceeded the IMF's preliminary predictions; IMF may…

Mohamed Samir Mohamed Samir

Finance Minister signs cooperation protocol with CBE

An electronic system for financial transactions will help implement the ministry's plans,…

Daily News Egypt Daily News Egypt

New budget aims at 5% GDP growth, reduce national debt to 94%: Minister of Finance

Minister of Finance Amr El-Garhy said that the ministry aims to achieve…

Hisham Salah Hisham Salah

New customs tariffs intended to reduce imports, encourage industry: Finance Minister

Amendments are in line with Egypt's international obligations to the WTO, and…

Daily News Egypt Daily News Egypt

Finance Ministry to offer $2.5-3bn in treasury bonds by mid-January

The government will offer US dollar treasury bonds worth $2.5-3bn in mid-January,…

Hisham Salah Hisham Salah

Remainder of $6bn in additional funds to be secured in 2 weeks to guarantee IMF loan: El-Garhy

Minister of Finance Amr El-Garhy announced on Monday that Egypt will secure…

Daily News Egypt Daily News Egypt

IMF loan is last option for Egypt to escape economic crises: experts

IMF-leveraged deal is mandatory; a refusal would lead to losing loan sources,…

Shaimaa Al-Aees Shaimaa Al-Aees