Egypt’s Budget Deficit Hit 12.8% in FY2013/14: Finance Ministry
Egypt's state budget deficit hit EGP 255.4 billion – 12.8 percent of GDP – in the fiscal year 2013/14, according to…
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Hany Qadry Demian
Egypt Seeks to Trim Budget Deficit to 8% by 5 Years: Finance Minister
The Egyptian government is planning to trim its budget deficit to 8 percent of gross domestic product in five years…
Suez Canal Certificate Sales Pump EGP27bn into Egypt’s Banks: Official
Investment certificates issued earlier this month to finance the digging of a new Suez Canal have attracted EGP 27…
Egypt Revising Budget to Limit Deficit to 13.9% by 2015: Source
Egypt has revised its annual budget for the upcoming fiscal year to limit the budget deficit to 13.9 percent of…
Egypt Sees Deficit at 14-14.5% of GDP of Next FY Unless Reforms are Made
The Egyptian government sees its budget deficit, if it does not implement reforms, running at 14-14.5 percent of…
IMF-Egypt Annual Talks to Hold after Presidential Polls – Minister
Annual consultations between Egypt and the International Monetary Fund (IMF) will take place after the coming…
Egypt: Tax on Wealthy Likely to Begin Next Year – Official
Egypt’s highly-anticipated tax on high earners is likely to come into effect next financial year, according to a…
Official: Egypt May Impose 5% Tax on the Rich
Wealthy people in Egypt may be faced with a 5 percent wealth tax for 2 or 3 years, the country’s minister of…
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…
Update – Who’s Who: Ministers in Egypt’s New Cabinet
Egypt's newly formed cabinet, led by Prime Minister Ibrahim Mehleb, was sworn in on Saturday afternoon. Mehleb was…
Exclusive – Who’s Who: 27 Ministers Assigned in Egypt’s New Cabinet
Egypt’s new prime minister designate Ibrahim Mehleb has chosen so far 27 ministers, including 16 worked in the…
Key Egyptian negotiator with IMF Hany Qadry Named Finance Minister
Egypt’s Prime Minister Designate Ibrahim Mehleb has appointed key Egyptian negotiator with the International…