budget deficit

Egypt aims at 5.8% GDP growth in 2018/19 budget
Economy

Egypt aims at 5.8% GDP growth in 2018/19 budget

Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target…
PM, Finance Ministry officials meet to discuss new budget
Economy

PM, Finance Ministry officials meet to discuss new budget

Prime Minister Sherif Ismail discussed economic indicators for the current fiscal year and the new budget for the 2018/2019 fiscal…
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
Economy

Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17

Egypt’s budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent…
MP suggests draft law to grant women immediate alimony from state banks
Features/Interviews

MP suggests draft law to grant women immediate alimony from state banks

Parliamentarian Shokry al Gendy, from the Religious Affairs Committee, has suggested amending Egypt’s personal status law to grant women the right to alimony from state…
Sisi reviews latest economic, heath, security issues in top-level meeting
Egypt

Sisi reviews latest economic, heath, security issues in top-level meeting

President Abdel Fattah al-Sisi held a presidential meeting on Monday with Prime Minster Sherif Ismail to examine recent economic developments, affairs…
Govt to reduce staffing levels to ease strain in budget
Business

Govt to reduce staffing levels to ease strain in budget

Mohamed Meit, Assistant Minister of Finance for the treasury, has announced government plans to streamline employment within the state administrative…
IMF announces three-year $12 bln funding deal with Egypt
Egypt

IMF announces three-year $12 bln funding deal with Egypt

The International Monetary Fund (IMF) said on Thursday it had reached a staff-level agreement with Egypt for a $12 billion…
Cabinet approves 2016-17 draft budget targeting 5-6% GDP growth
Business

Cabinet approves 2016-17 draft budget targeting 5-6% GDP growth

Egypt's government approved on Wednesday a draft state budget for 2016-17, targeting economic growth of 5-6 percent versus 4.4 percent…
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
Business

Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry

The Ministry of Finance is working on amendments to laws regulating the issuance of Islamic bonds (sukuk) as a means…
Govt rumored to be planning withdraw from its share in pension funding
Business

Govt rumored to be planning withdraw from its share in pension funding

In 2006, the Egyptian Government caused a stir regarding its plans to pay for pensions through official statements touting its…
Back to top button