Egypt News Egypt targets 3.5% primary surplus for FY ’24-’25 Nada Ali Oct 20, 2024 0 Egypt's budget for the fiscal year 2024/2025 is expected to include a primary surplus of 3.5 per cent of GDP, or…
Featured $9.5b backlog of imported goods released since Jan.: Egyptian minister Yomna Yasser Mar 19, 2024 0 Egypt has released a backlog of imported goods worth $14.5 billion stuck at ports since the beginning of this year,…
Featured Egypt targets deficit below 6% in FY2022/23 – official Amwal Al Ghad English Dec 14, 2021 0 Egypt is targeting cutting its overall budget deficit to just below 6 percent in the coming financial year starting…
Money Fitch forecasts Egypt’s real GDP growth of 5.5% in FY2022/23 Amwal Al Ghad English Jul 29, 2021 0 Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial year (FY)…
Financial Institutions Fitch says Egypt’s budget, energy price hikes show fiscal commitment Yomna Yasser Jul 12, 2017 0 Egypt's new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal…
Financial Institutions Egypt 2017/18 budget to include 75 bln Egyptian pounds social package Yomna Yasser Jun 21, 2017 0 Egypt's budget for financial year 2017/18 will include a 75 billion Egyptian pounds ($4.17 billion) social package,…
Financial Institutions Egypt negotiating €800 million finances from some European countries – minister Yomna Yasser Nov 13, 2016 0 Egypt is negotiating a number of European countries to obtain €800 million ($868.5 million) in finances, Egyptian…
Egypt News Egypt 2016/17 budget sees deficit of 9.8%: finance ministry Yomna Yasser Jul 11, 2016 0 Egypt's 2016/17 budget forecasts a deficit of 9.8 percent, the Finance Ministry announced in a statement on Monday.…
Banks Egypt to receive AfDB’s $1.5 bln second trance before year-end: official Yomna Yasser Jun 14, 2016 0 Egypt is likely to receive the second tranche of the African Development Bank (AfDB)’s loan before the end of the…
Banks AfDB to sign Egypt’s $500 million loan today Yomna Yasser Dec 17, 2015 0 Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence of Egyptian Prime…