budget

Egypt says will not need IMF, World Bank funds
Egypt

Egypt says will not need IMF, World Bank funds

  Egypt will not borrow from the World Bank and International Monetary Fund after revising its budget and cutting the…
Analysts, business leaders critical of tax revisions
Business

Analysts, business leaders critical of tax revisions

Caught between a capitalist logic to encourage investments in a slowing economy, and a revolutionary reality that demands immediate attention…
Ministry of Finance: State budget was not amended
Business

Ministry of Finance: State budget was not amended

Sources at the Ministry of Finance said the Supreme Council of the Armed Forces did not amend any provisions of…
Egypt’s new budget falls short of hopes
Business

Egypt’s new budget falls short of hopes

When Finance Minister Samir Radwan announced earlier this week the interim government’s budget proposals for the coming fiscal year, he…
Egypt’s budget targets poor, introduces capital gains tax
Business

Egypt’s budget targets poor, introduces capital gains tax

Egypt's cabinet approved on Wednesday a budget for the 2011/12 financial year that increases spending by a quarter as the…
Thursday’s papers: Budget deficit, minimum wage increases, and Mubarak’s trial
Egypt

Thursday’s papers: Budget deficit, minimum wage increases, and Mubarak’s trial

Thursday’s papers focus on budget discussions after the military-backed interim government on Wednesday released figures projecting the economy would grow…
Egypt boosts consumer subsidies in 2011-12 budget
Business

Egypt boosts consumer subsidies in 2011-12 budget

Egypt's annual budget approved by the cabinet on Wednesday foresees a 26 percent increase in subsidies of consumer commodities such…
Finance Ministry mulls joining special govt funds to state budget
Business

Finance Ministry mulls joining special govt funds to state budget

Egypt’s Ministry of Finance is considering integrating special government funds into the state budget to secure extra financial resources and…
Wages are untouchable, says official
Business

Wages are untouchable, says official

At a symposium of the Cairo University Faculty of Economics and Political Science on Wednesday, Assistant Finance Minister Hani Qadri…
Egypt state pension fund to invest in private sector
Business

Egypt state pension fund to invest in private sector

Egypt's state pension fund will begin directing billions of dollars into private investments when a new pension law comes into…
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