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

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

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

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

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

Finance Minister signs cooperation protocol with CBE

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

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

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

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

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

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