Egypt central bank to issue treasury bills worth $2.3 bln today
Egypt’s central bank will be issuing Sunday treasury bills worth 20.25 billion Egyptian pounds ($2.3 billion) to…
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Egypt’s budget deficit
Egypt: budget deficit rises to 9.2% of GDP in first nine months of FY2015/6
Egypt's budget deficit surged to 9.2 percent of the country's GDP during the first nine months of…
Egypt budget deficit surges to 7.9% in first eight months of FY2015-16
Egypt's budget deficit was valued at 223 billion Egyptian pounds (US$25.12 billion) during the first eight…
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Egypt: Food and beverage are exempted from value-added tax
Food and beverage are exempted from Egypt’s planned value-added tax, according to a statement released by the…
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…
Fitch affirms Egypt at ‘B’; Outlook ‘Stable’
Fitch Ratings has affirmed Friday Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B'…
IMF Mission says Egypt has ‘Good’ Plan to reduce Budget Deficit
Egypt has a good plan to reduce the budget deficit that should be carried out in parallel with working on boosting…
Energy Subsidy Cuts Finally providing Egypt Relief
Egypt’s efforts to chip away at a daunting budget deficit have taken hold, with the country reporting that the…
UAE says Egypt Subsidy Cut ‘First Step’ in Broader Strategy
The United Arab Emirates, which is backing Egypt with billions of dollars in aid, said its ally’s decision to raise…
