fiscal year

PM reviews financial status report for current fiscal year’s budget
Egypt

PM reviews financial status report for current fiscal year’s budget

Prime Minister Mostafa Madbouly has underlined the need to continue adopting fiscal discipline measures in the public budget to improve…
Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes
Business

Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes

Forbes Middle East has reported that Egypt’s gross domestic product has grown by 6.6 percent during the 2021/2022 fiscal year.…
Net foreign reserves record $33.141 bln at end of August
Economy

Net foreign reserves record $33.141 bln at end of August

The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Egypt expects Suez Canal revenues to rise in 2022
Business

Egypt expects Suez Canal revenues to rise in 2022

Egyptian Finance Minister Mohamed Maait expected that Suez Canal revenues will reach US$7 billion by the end of the current…
Egypt’s economy is expected to grow by 5.6% in 2022
Business

Egypt’s economy is expected to grow by 5.6% in 2022

Egypt’s economy is expected to grow by 5.6 percent in the fiscal year 2021-2022, Minister of Planning Hala Al-Saeed said…
Remittances from Egyptian expatriates rise 8.5% in 9 months
Business

Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to…
Egypt’s dues to foreign oil companies lowest level since 2010: Infograph
Business

Egypt’s dues to foreign oil companies lowest level since 2010: Infograph

Dues to foreign oil companies in Egypt have decreased to their lowest level since 2010, thanks to the payment of…
Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year
Business

Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year

Egyptian tourism revenues reached US$12.57 billion, compared to $9.80 billion during the 2017-2018 fiscal year, the privately-owned al-Mal newspaper reported…
Egypt’s growth rate rises to 5.3% during first quarter of fiscal year
Business

Egypt’s growth rate rises to 5.3% during first quarter of fiscal year

  Egypt’s Minister of Planning, Monitoring and Administrative Reformation Hala al-Saed announced Friday that the economic growth rate increased to…
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…
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