Egypt’s government debt narrows 20.5% in three years – Maait
Egyptian government debt declined by 20.5 percent of the country’s gross domestic product (GDP) over three years…
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Mohamed Maait
Egypt expects 5.4% growth rate for FY 2020/2021 – FinMin
The Egyptian government is seeking economic growth rates of 5.4 percent during fiscal year (FY) 2019/2020,…
Egypt primary surplus at EGP 14 billion in H1 FY20/21
Egypt registered a primary budget surplus of 0.2 percent of GDP, amounting to around 14 billion Egyptian pounds…
Egypt’s economy resilient amid pandemic thanks to economic reforms – minister
Egypt’s economic reforms have enhanced its ability to absorb shocks, the economy shows strong performance amid the…
International financial institutions share positive on Egypt’s economic outlook…
International financial institutions, including Standard Chartered, International Monetary Fund, and Fitch Ratings…
Egypt to replace state-employees’ payroll cards with Meeza, Maait
Egypt’s state-employees’ payroll cards will be replaced entirely by prepaid Meeza electronic cards once they…
Egyptian Finance Minister tests positive for coronavirus – sources
Egyptian Finance Minister Mohamed Maait has tested positive for coronavirus, sources with knowledge of the matter…
Egypt has no intention to issue more Eurobonds before June 30
Egypt has no intention to issue more Eurobonds bonds during fiscal year 2020/2021, the Minister of Finance, Mohamed…
Egypt aims to reduce public debt to GDP ratio to 79% in FY2023/24 – minister
Egypt aims to reduce public debt to GDP ratio to reach 87 percent in the 2020-2021 financial year, 84 percent in…
Egypt government allocates $1.6 billion to buy COVID-19 vaccines – FinMin
Egypt has allocated between $1.5 billion and $1.6 billion to purchase vaccines against COVID-19, Minister of…
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