Egypt plans new budget transparency rules today – FinMin
Egypt plans to issue new decisions to formalise financial disclosure and set a roadmap for improving budget…
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Egypt’s budget
Six Figures that Define Egypt’s 2026 Budget: Resilience Test or Transition Plan?
Reading Egypt’s state budget is no longer an analytical luxury; it is a necessity for understanding how economic…
Egypt earmarks EGP 80 bln for industry support in 2026/27 budget – FinMin
Egypt has allocated 80 billion Egyptian pounds to support production, manufacturing, entrepreneurship, and exports…
Egypt’s Cabinet approves EGP 5.1 trillion budget focused on growth, social spending
Egypt’s Cabinet, led by Prime Minister Moustafa Madbouly, approved a 5.1 trillion Egyptian pound state budget for…
Egypt unveils EGP 78b support package in 2025/26 budget to boost industry, exports
Egypt’s Finance Minister Ahmed Kouchouk on Tuesday unveiled the draft 2025/26 state budget, outlining a record 78…
Egypt’s 2025/26 budget targets growth, stability, business partnership – FinMin
Egypt’s Finance Ministry on Tuesday unveiled the draft state budget for fiscal year 2025/26, emphasising a strategy…
Egypt raises Takaful and Karama allocations by 35% in FY 2025/26 budget
The Egyptian government is earmarking a substantial 35 per cent increase in the Takaful and Karama social security…
Egypt targets 3.5% primary surplus for FY ’24-’25
Egypt's budget for the fiscal year 2024/2025 is expected to include a primary surplus of 3.5 per cent of GDP, or…
$9.5b backlog of imported goods released since Jan.: Egyptian minister
Egypt has released a backlog of imported goods worth $14.5 billion stuck at ports since the beginning of this year,…
Egypt targets deficit below 6% in FY2022/23 – official
Egypt is targeting cutting its overall budget deficit to just below 6 percent in the coming financial year starting…
Fitch forecasts Egypt’s real GDP growth of 5.5% in FY2022/23
Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial year (FY)…
Fitch says Egypt’s budget, energy price hikes show fiscal commitment
Egypt's new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal…
Egypt 2017/18 budget to include 75 bln Egyptian pounds social package
Egypt's budget for financial year 2017/18 will include a 75 billion Egyptian pounds ($4.17 billion) social package,…
Egypt negotiating €800 million finances from some European countries – minister
Egypt is negotiating a number of European countries to obtain €800 million ($868.5 million) in finances, Egyptian…
Egypt 2016/17 budget sees deficit of 9.8%: finance ministry
Egypt's 2016/17 budget forecasts a deficit of 9.8 percent, the Finance Ministry announced in a statement on Monday.…
Egypt to receive AfDB’s $1.5 bln second trance before year-end: official
Egypt is likely to receive the second tranche of the African Development Bank (AfDB)’s loan before the end of the…
AfDB to sign Egypt’s $500 million loan today
Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence of Egyptian Prime…
AfDB board gives nod to $500 million Egypt loan
The African Development Bank’s (AfDB) board of directors has approved Tuesday to pass US$500 million loan to…
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 in talks with IMF for $5.5bn loan to support budget: Minister
Egypt is negotiating with the International Monetary Fund (IMF) for a US$5.5 billion loan to support the state…
Egypt Shares Gain EGP3.3 billion Tuesday, EGX30 Nears 8430
Egypt's stocks revived on Tuesday, closing with gains worth 3.3 billion Egyptian pounds powered by non-Arab foreign…
Egypt Stocks end in Red on Wednesday over New Taxes
Following imposing a 10% tax on capital gains and stock dividends, Egypt's stocks closed lower on Wednesday with…
Egypt braces for EGP44bn Fuel Subsidy Cuts in new Fiscal Year – Minister
No time has been set to raise Egypt's fuel prices, the finance minister announced on Monday in an effort to appease…
Egypt Sees 10% Budget Deficit for Coming Fiscal Year – Minister
Egypt's finance minister said on Tuesday he expects the new budget deficit to stand at 10 % in the coming fiscal…
Egypt Stocks Lose EGP4.8 billion on Tuesday
Egypt's stocks closed lower on Tuesday incurring losses totalling 4.8 billion Egyptian pounds driven by local…
Egypt’s Sisi Stalls FY2014/15 State Budget over Domestic Debt Concerns
Egypt's newly-elected President Abdel-Fattah al-Sisi announced on Tuesday that he was not able to ratify the…
Capital Gains Tax ‘Pivotal’ to Egypt’s Budget; Says Investment Minister
The capital gains tax on the stock market is pivotal to finance Egypt's budget, said the newly-appointed Investment…
Social Security Network Captures 37% of Egypt’s Budget – Official
In Egypt, the public spending on social security network accounts for 37% of the state's budget, said Ahmed…
Egypt’s Central Bank Governor Flies to Abu Dhabi
The governor of Egypt's central bank, Hisham Ramez, flew to Abu Dhabi on Sunday, officials at Cairo airport said,…
Egypt’s Economic Reform Plan Requires Upper House Approval
The Egyptian government will not amend the economic reform plan submitted to the International Monetary Fund (IMF),…
Egypt Eyes 5.5% Budget Deficit In 2016-17 – Fin Min
Egypt hopes to lower its budget deficit to 5.5 percent in the 2016-1017 fiscal year from 10.7 percent in 2012/13,…
Egypt’s Budget Deficit Widens To EGP 175.9 Bln In Nine Months
Egypt’s budget deficit has widened to EGP 175.9 billion in nine months since the start of the new fiscal year,…
Egypt’s Budget Deficit Expected To Reach EGP 188 Bln In FY 2012/13
The Egyptian Minister of Finance El-Morsi El-Sayed Hegazy announced that the state's budget deficit is expected to…
Egypt’s Balance Of Payments Deficit Narrows In 2012/2013
Egypt's balance of payments deficit dropped to $551.5 million in the second half of 2012 from an $8 billion deficit…
Egypt’s Budget Deficit Hits EGP 69.6 Bln In Q1
Egypt’s budget deficit rose by 3.9% to register EGP 69.6 billion at the end of Q1 of FY 2012/2013, up from EGP 47.2…
New PPP To Be Announced Next January: Momtaz El-Saeed
The Egyptian government will announce the establishment of Public–Private Partnerships (PPP) by next January, said…
US To Offer $450 Million For Egypt’s Budget
Planning and International Cooperation Minister Ashraf al-Arabi said that the United States government will offer…
Draft Budget Reduces Deficit To 7.9% of GDP
Egypt’s draft budget for the fiscal year that starts in July forecasts reducing the budget deficit to 7.9 percent…
Egypt Plans Spending Increase Next Fiscal Year
Egypt plans to increase spending by 15 percent in the fiscal year starting in July, the state-run Al- Ahram…
Egypt Should Approve new budget; IMF
The International Monetary Fund said Tuesday that Egypt's divided politicians needed to agree on a new budget…