budget deficit

Prime Minister Sherif Ismail announced on Saturday that the government has been tasked with reducing the budget deficit by 1.5…

 Egypt's budget deficit in nine months to March rose to 9.4 percent of gross domestic product, the finance ministry said…

The Ministry of Finance has submitted different scenarios for the Fiscal Year 2015/16 budget, none of which includes reduced fuel…

Egypt expects greater investment and ongoing fiscal reforms to boost economic growth in the 2015/16 fiscal year to 4.5-5 percent…

Prime Minister Ibrahim Mehleb submitted the new draft budget to President Abdel Fattah al-Sisi on Sunday.  Sisi had rejected an earlier…

A high-level government official said the budget deficit has been reduced for the second time in the new draft budget…

President Abdel Fattah Sisi said he was not happy with the projected deficit in the new draft budget for the…

Prime Minister Ibrahim Mehleb said on Monday that the deficit is LE340 billion and subsidies amount to LE159 billion in…

Egypt’s general budget deficit has dropped to LE145 billion during the first nine months of the 2013-2014 fiscal year, according to…

Finance Minister Hani Qadri Damian said at a news conference Monday that the next state budget has been prepared without…