Inflation, living costs impact UK’s budget deficit
UK’s budget deficit in February was larger than anticipated, according to official data, with cost of living…
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Finance Minister
Egypt targets primary surplus of 3.5% in FY2024/25
Egypt aims for an initial surplus of 3.5 per cent in the general budget for fiscal year 2024/2025, with a target to…
Egypt’s finance minister seeks strategic partnership with NDB
Egypt’s finance minister Mohamed Maait said on Sunday that Egypt is seeking a strategic partnership with New…
Egypt to increase spending on education, health in ’24-25 budget
Egyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives…
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…
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…
AfDB 2023