Tag: minister of finance

Egypt would have been unable to face COVID-19 without economic reform,: Songwe

Government continues to implement integrated package of structural reforms to strengthen country’s…

Shaimaa Al-Aees Shaimaa Al-Aees

Despite COVID-19, Egypt’s budget deficit drops to 7.8% in FY 2019/20

Minister of Finance Mohamed Maait said the country had achieved a primary…

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Egypt is only MEA country to maintain credit rating at big 3 agencies: Maait 

Fitch Ratings placed Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at…

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Egypt pays EGP 6bn in export subsidy arrears for FY 2019/20

Additional EGP 7bn allocated to support Egypt’s exports in FY 2020/21 budget,…

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Egypt to launch 3-month presidential consumption stimulation initiative before July end

Ration card holders will receive 10% discount with state treasury to bear…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt brings forward public sector salaries disbursement in Q1 of FY21

Ministries of health and interior have been given top priority, in appreciation…

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No new taxes on consumer goods purchased online, in shops: Finance Minister

Maait issues decision to establish unit to follow up on tax collection…

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Pandemic lowers 2019/20 target growth to 4%: Finance Minister

Total of EGP 63bn used to support health sector, groups most affected…

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Maait aims to turn Covid-19 plight into power to promote human resource development

Automation of tax and customs systems to be accelerated to stimulate production,…

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Initiative launched to support tourism sector meet financial obligations: Finance Minister

Finance Ministry to provide EGP 3bn as guarantee for bank loans to…

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