Egypt’s health spending up to 3% of GDP in FY 2020/21: Maait
Allocations for education sector have been increased to 6% of GDP, says…
Finance Ministry signs 35 agreements to settle export subsidy arrears: Maait
First tranche of subsidy arrears worth EGP 400m to be paid to…
Moody’s affirming Egypt B2 credit rating reflects successful economic policies: Maait
He explained that the positive indicators of the Egyptian economy in Moody's…
Tax exempt on government debt returns for overseas bodies still in place: Maait
Parliament proposes amending tax exemption on returns from government debt in which…
Additional EGP 80bn appropriation in 2019/20 budget does not affect deficit: Maait
Additional appropriation has contributed to significantly reduce debt service for current, coming…
Egypt directs EGP 6bn in urgent commodity, service finances in July: Maait
The finance aims to enable public entities to fulfil their commodity and…
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…
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…
Latest law on tax delinquency penalty relief offers new incentives: Finance Minister
Incentives help accelerate collection of state’s overdue debts, maximise its ability to…
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,…