budget deficit

Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites
Middle East

Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites

LONDON (Reuters) – The worst is yet to come for Lebanon’s banks. The old-style way of running the economy –…
Lebanon 2019 budget deficit ‘much bigger’ than expected: finance minister
Middle East

Lebanon 2019 budget deficit ‘much bigger’ than expected: finance minister

BEIRUT (Reuters) — Lebanon’s 2019 budget deficit will be much bigger than expected after a sharp drop in state revenues,…
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
Business

As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs

The Ministry of Finance’s sector heads are responsible for qualifying young cadres for leading jobs through teamwork, and making innovation…
Tunisia’s largest union starts nationwide strike over pay
Middle East

Tunisia’s largest union starts nationwide strike over pay

TUNIS (Reuters) – Rail, bus and air traffic stopped in Tunisia on Thursday after the powerful Tunisian General Labor Union…
Foreign reserves rise to $44.2 bn by end of June
Business

Foreign reserves rise to $44.2 bn by end of June

  The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Middle East

Saudi finance minister says on track to cut budget deficit to 7 percent of GDP

Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this year,…
Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows
Business

Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows

Egypt said on Friday its non-oil exports for the first quarter of 2018 had increased by 15 percent compared with…
Draft budget expects 5.8% growth rate, decreased budget deficit
Economy

Draft budget expects 5.8% growth rate, decreased budget deficit

Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
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…
Back to top button