Egypt plans to earmark around 596 billion Egyptian pounds ($12.6 billion) for subsidies in its 2024/2025 state …
Tag:
Egypt’s public finances
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Financial Institutions
Moody’s: Lower Oil Prices will support Egypt’s Fiscal Consolidation Efforts
by Yomna Yasserby Yomna YasserThe main positive impact from lower oil prices will be on Egypt’s (Caa1 stable) public finances, as …
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Financial Institutions
Fitch: Public Finances Remain Key Challenge after Egypt Vote
by Yomna Yasserby Yomna YasserThe victory of Abdul Fattah al-Sisi in this week’s Egyptian presidential election does not alter Fitch Ratings’ …
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Financial Institutions
Fitch: Public Finances Remain Egypt’s Main Rating Weakness
by Yomna Yasserby Yomna YasserEgypt’s public finances remain the main weakness in the country’s sovereign credit profile, despite a slight improvement …