Budget jitters hurt Saudi Arabia stocks; CDS rising again
Worries that Saudi Arabia may cut subsidies and state spending and raise taxes to cover its budget deficits in an…
Browsing Tag
budget deficit
Egypt’s budget deficit rises to 68.3bn Egyptian pounds at August-end
Egypt’s budget deficit surged by 12.3 billion Egyptian pounds (US$1.5 billion) during the period from July to…
Moody’s: Egypt Tax Revenues possibly below Draft Budget Estimate
Moody’s Investors Service said in a report Thursday it expects Egypt’s tax revenues to be lower than 612 billion…
Egypt new Budget projects 9.9 per cent Deficit, 5 per cent Growth
The Cabinet approved a draft budget for the fiscal year 2015-16 that projects a deficit of 9.9 per cent of gross…
Finance Ministry: Egypt’s 9-Month Budget Deficit 9.4% Of GDP
Egypt's budget deficit in nine months to March rose to 9.4 percent of gross domestic product, the finance ministry…
Egypt to cut at least 10% of Fuel Subsidies in FY 2015/16
Egypt will cut at least 10 percent of a current fuel subsidy bill of up to 100 billion Egyptian pounds in the next…
Egypt to double FDI this Fiscal Year -Minister
Egypt expects to attract $8 billion of foreign direct investment in the current fiscal year through June, up from…
IMF: Egypt’s Reforms starting to spur Turnaround in Economy
The International Monetary Fund said on Wednesday Egypt's structural and monetary reforms were starting to produce…
Capitalising on Egypt’s Mega-Projects and GCC Investments
Egypt is witnessing significant political stability as the government is implementing economic and legislative…
Egypt Growth to be ‘Easily North of 4% in 2014-15: Finance Minister
Egypt can expect economic growth "easily north of 4 percent" in fiscal year 2014-15, which ends in June, boosted by…
