Egypt’s economic growth hits 4.2% in FY2022/23
Egypt's gross domestic product (GDP) reached 4.2 percent in the past fiscal year (FY) 2022/2023, said Finance…
Browsing Tag
Finance Minister
Egypt targets debt to GDP ratio of 75%-80% in next 4 years – minister
Egypt is targeting a debt to GDP ratio of 75 percent to 80 percent in the next four years, said Finance Minister…
Britain caps electricity and gas prices for businesses
Britain announced on Wednesday it would control the cost of electricity and gas for businesses from next month.
Egypt launches initiative to offer loans of 5% to tourism businesses
Egypt is launching a new initiative to support tourism and hospitality sectors in face of the repercussions of the…
Egypt eyes increasing financial allocations for health, education in FY 2020/21
Finance Minister Mohamed Maait has said that the government is aimed at increasing financial allocations during the…
Egypt’s arrears to exporters mount to 25 billion pounds – minister
Egypt’s arrears to exporters as part of the state export subsidy programme have mounted to 25 billion Egyptian…
Still considering secondary options for Aramco IPO: Saudi Finance Minister
Saudi Arabia is still considering secondary locations for the flotation of oil giant Aramco after primary location…
Egypt’s unemployment rate falls to 7% – finance minister
Egypt’s unemployment rate fell to 7 percent from 13 percent in 2016, finance minister Mohamed Maait said on Monday.…
Egypt’s budget deficit 8.2% down in Q2-FY20: finance minister
Egypt’s budget deficit dropped to 8.2 percent of GDP in the second quarter of the financial year from 9.8 percent…
South Korea says seeking to boost budget by nearly 9% for 2020: Finmin
South Korea’s finance minister said on Thursday the government was seeking to increase the budget for next year by…
