public debt

Egypt’s new committee aims to raise up to LE25 billion annually from state asset divestment
Business

Egypt’s new committee aims to raise up to LE25 billion annually from state asset divestment

Egypt aims to establish an asset liquidation committee under the Ministry of Finance with the goal of generating 20 to…
Lebanon parliament passes 2020 budget amidst financial crisis
Middle East

Lebanon parliament passes 2020 budget amidst financial crisis

BEIRUT (Reuters) – Lebanon’s parliament passed the 2020 budget on Monday although its budget and finance committee chief said the…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy

Lebanon PM says accelerating reforms to rein in public debt: CNBC

BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Lebanese daily publishes blank edition to protest crisis
Middle East

Lebanese daily publishes blank edition to protest crisis

BEIRUT (AP) — Lebanon’s only English-language daily protested the country’s deteriorating economic and political conditions by publishing a blank edition…
Finance Minister expresses pride in Egypt’s economic performance
Economy

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
Lebanese veterans block highways in budget protest
Middle East

Lebanese veterans block highways in budget protest

BEIRUT (Reuters) – Hundreds of veterans burned tyres and blocked highways in Lebanon on Thursday to protest plans to tax…
Egypt sets plan set to reduce public debt-to-GDP: Minister
Business

Egypt sets plan set to reduce public debt-to-GDP: Minister

Egypt’s Minister of Finance Mohammed Maait said that the government has been working on reducing the public debt-to-Growth Domestic Product…
IMF chief warns of high Arab public debt
Business

IMF chief warns of high Arab public debt

Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget…
Egypt’s Sisi discusses economic reform with Central Bank governor
Economy

Egypt’s Sisi discusses economic reform with Central Bank governor

  Egyptian President Abdel Fattah al-Sisi held a meeting with Governor of the Central Bank of Egypt (CBE) Tarek Amer…
Egypt’s public debt reaches LE3.695 trillion: CBE
Economy

Egypt’s public debt reaches LE3.695 trillion: CBE

  The Central Bank of Egypt (CBE) announced Thursday that national public debt has reached LE3.695 trillion at the end…
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