Momtaz al-Saeed

Presidential source: SCAF wants to keep four ministries in Qandil cabinet
Egypt

Presidential source: SCAF wants to keep four ministries in Qandil cabinet

Newly-appointed Prime Minister Hesham Qandil meets Saturday with President Mohamed Morsy to discuss the candidates for ministerial portfolios in his…
Former finance minister: New budget will not meet growth demands
Business

Former finance minister: New budget will not meet growth demands

  Former Finance Minister Samir Radwan sharply criticized Egypt’s 2012/13 budget, which came into force two days ago. It fails…
Finance Minister: Budget will bear cost of raise in salaries and pensions
Business

Finance Minister: Budget will bear cost of raise in salaries and pensions

Finance Minister Momtaz al-Saeed has said that the state budget will bear the cost of the social allowance for salaries…
Cabinet to hold meeting Saturday
Egypt

Cabinet to hold meeting Saturday

Prime Minister Kamal al-Ganzouri’s Cabinet is scheduled to meet Saturday to discuss a number of draft laws and finalize the…
Cabinet sends ambituous budget to SCAF
Egypt

Cabinet sends ambituous budget to SCAF

  The 2012/13 budget was expected to be the first in Egypt’s history that would be approved and implemented by…
State to speed up collection of billions in back taxes
Business

State to speed up collection of billions in back taxes

Finance Minister Momtaz al-Saeed announced Tuesday that he has ordered the Egyptian Tax Authority to implement legal changes to help…
Brotherhood begins work on ‘parallel’ state budget
Egypt

Brotherhood begins work on ‘parallel’ state budget

Finance Minister Momtaz al-Saeed has said that the ministry has yet to prepare a draft state budget for next fiscal year (2012-2013),…
Finance minister expects to get IMF loan by end-June
Business

Finance minister expects to get IMF loan by end-June

Egypt's government expects to seal a loan from the International Monetary Fund by 15 May, allowing the money to be…
Finance minister: Tax proceeds rise by 10%
Business

Finance minister: Tax proceeds rise by 10%

Tax proceeds totaled LE115.4 billion from July 2011 to March 2012, Finance Minister Momtaz al-Saeed has said, adding that the…
Finance minister: Retrieving smuggled funds unlikely
Egypt

Finance minister: Retrieving smuggled funds unlikely

The retrieval of smuggled funds by figures of the ousted regime requires complicated legal procedures in their home countries, said…
Back to top button