Egypt’s state budget deficit hit EGP 255.4 billion – 12.8 percent of GDP – in the fiscal …
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Hany Qadry Demian
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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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Banks
Suez Canal Certificate Sales Pump EGP27bn into Egypt’s Banks: Official
by Yomna Yasserby Yomna YasserInvestment certificates issued earlier this month to finance the digging of a new Suez Canal have attracted …
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Egypt News
Egypt Revising Budget to Limit Deficit to 13.9% by 2015: Source
by Yomna Yasserby Yomna YasserEgypt has revised its annual budget for the upcoming fiscal year to limit the budget deficit to …
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Egypt News
Egypt Sees Deficit at 14-14.5% of GDP of Next FY Unless Reforms are Made
by Yomna Yasserby Yomna YasserThe Egyptian government sees its budget deficit, if it does not implement reforms, running at 14-14.5 percent …
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Financial Institutions
IMF-Egypt Annual Talks to Hold after Presidential Polls – Minister
by Yomna Yasserby Yomna YasserAnnual consultations between Egypt and the International Monetary Fund (IMF) will take place after the coming presidential …
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Egypt News
Egypt: Tax on Wealthy Likely to Begin Next Year – Official
by Yomna Yasserby Yomna YasserEgypt’s highly-anticipated tax on high earners is likely to come into effect next financial year, according to …
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Wealthy people in Egypt may be faced with a 5 percent wealth tax for 2 or 3 …
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Egypt is expected to witness economic growth rates ranging between 2–2.5% within the current fiscal year, said …
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Egypt’s newly formed cabinet, led by Prime Minister Ibrahim Mehleb, was sworn in on Saturday afternoon. Mehleb …
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