Egypt’s Deficit Hits 7.1% of GDP in First 9 Months of Current Fiscal Year
Egypt's budget deficit reached 7.1 percent of its gross domestic product (GDP) in the first nine months of the…
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Egypt’s Budget Deficit Inches up to EGP123.6 billion in February
Egypt’s budget deficit rose by around 4.2 billion Egyptian pounds ($603.2 million) during February 2014, the…
Egypt Sees 2-2.5% Economic Growth This Year
Egypt is expected to witness economic growth rates ranging between 2–2.5% within the current fiscal year, said…
U.S. GDP Revised Down, But Hints Of Economic Thaw Emerge
The U.S. government slashed its estimate for fourth-quarter economic growth on Friday in the latest sign of a loss…
World Bank: Egypt’s FY14 Inflation Rates to Remain Higher at 10.2%
Egypt’s inflation rates will remain high at about 10.2% in the fiscal year 2013/2014 due to high food prices, lower…
Egypt Narrows Budget Deficit to 89.4 bln Pounds in H1 of Fiscal Year
Egypt's budget deficit was 89.4 billion Egyptian pounds ($12.84 billion) or 4.4 percent of economic output in the…
Egypt’s Budget Deficit Hits $10.8 bln in Jul-Oct 2013; Report
Egypt’s budget deficit registered EGP 74.5 billion ($10.8 billion) in the first four months of the current fiscal…
Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth
Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
Official: Egypt Government Plans to Bring up Growth Rates to 3.5%
Egyptian Minister of Planning Ashraf el-Araby said the government is planning to pump additional 24.5 billion…
Egypt’s Rank Slides to 118th in 2013/14 Global Competitiveness
Egypt’s rank in the 2013-2014 Global Competitiveness Index (GCI) slid to 118th position (out of 148 countries) from…