Food and beverage are exempted from Egypt’s planned value-added tax, according to a statement released by the …
Egypt’s budget deficit
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Egypt News
Egypt’s budget deficit rises to 68.3bn Egyptian pounds at August-end
by Yomna Yasserby Yomna YasserEgypt’s budget deficit surged by 12.3 billion Egyptian pounds (US$1.5 billion) during the period from July to …
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Fitch Ratings has affirmed Friday Egypt’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘B’ …
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Financial Institutions
IMF Mission says Egypt has ‘Good’ Plan to reduce Budget Deficit
by Yomna Yasserby Yomna YasserEgypt has a good plan to reduce the budget deficit that should be carried out in parallel …
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Egypt’s efforts to chip away at a daunting budget deficit have taken hold, with the country reporting …
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Industry & Trade
UAE says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
by Yomna Yasserby Yomna YasserThe United Arab Emirates, which is backing Egypt with billions of dollars in aid, said its ally’s …
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Financial Institutions
Egypt Plans to Issue EGP214.5 billion Treasury Bills, Bonds in Q2
by Yomna Yasserby Yomna YasserEgypt’s Ministry of Finance announces on Thursday plans to issue treasury bill and treasury bonds totalling EGP …
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Banks
Egypt’s Budget Deficit Hit 12.8% in FY2013/14: Finance Ministry
by Yomna Yasserby Yomna YasserEgypt’s state budget deficit hit EGP 255.4 billion – 12.8 percent of GDP – in the fiscal …
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Egypt News
Egypt Seeks to Trim Budget Deficit to 8% by 5 Years: Finance Minister
by Yomna Yasserby Yomna YasserThe Egyptian government is planning to trim its budget deficit to 8 percent of gross domestic product …
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Egypt News
Sisi Has a Good First 100 Days—at The Cost of Political Freedom
by Yomna Yasserby Yomna YasserWhen he addresses the UN General Assembly on September 25th, Abdel Fattah al-Sisi will surely have reason …