Feature Egypt to implement President Sisi’s new economic policies in FY2020/2021 Amwal Al Ghad English Mar 16, 2020 0 Egypt’s Minister of Finance Mohamed Maait has announced that the FY2020/2021 state budget includes procedures that…
Feature Egypt eyes increasing financial allocations for health, education in FY 2020/21 Amwal Al Ghad English Feb 17, 2020 0 Finance Minister Mohamed Maait has said that the government is aimed at increasing financial allocations during the…
Money Egypt’s domestic debt falls for first time in 11 years Ahmed Ali Jan 28, 2020 0 Egypt’s domestic debt shrank for the first time in more than 11 years during the first quarter of the 2019/2020…
Money Foreign investment in Egypt treasuries hit $22 billion end-Dec. AbdElrhman Frhaat Jan 20, 2020 0 Foreign investment in Egyptian treasuries rose to $22 billion by the end of December, Finance Minister Mohamed…
Money Egypt H1 of FY20 budget deficit 3.8% of GDP – minister AbdElrhman Frhaat Jan 20, 2020 0 Egypt’s budget deficit in the first half of the financial year was 3.8 percent of gross domestic product (GDP), up…
Money Egypt’s debt to reach 83% of GDP in FY2019/20 Amwal Al Ghad English Dec 23, 2019 0 Egypt’s public debt is expected to decline this financial year at 83 percent from 90.5 percent at the end of last…
Feature Egypt considers new amendments to PPP law: minister Amwal Al Ghad English Dec 10, 2019 0 Egypt is considering new amendments to a law that governs public-private partnerships (PPP) in a bid to increase…
Money Egypt to issue green, Islamic, variable-yield bonds within 2 years: minister Amwal Al Ghad English Dec 9, 2019 0 Egypt is looking to issue three new bond offerings within the next two years, its Finance Minister Mohamed Maait…
Money Egypt’s foreign reserves sufficient to cover imports for 8 months – minister Amwal Al Ghad English Dec 8, 2019 0 Egypt’s foreign reserves are sufficient to cover imports for more than eight months, its minister of finance…
Feature Egypt to cut government spending by 6.5% in 2020 Amwal Al Ghad English Dec 8, 2019 0 Egypt aims to decrease government spending in the 2020 budget by 6.5 percent, compared to the current fiscal year…