Egypt’s debt to reach 83% of GDP in FY2019/20
Egypt’s public debt is expected to decline this financial year at 83 percent from 90.5 percent at the end of last…
Browsing Tag
spending
Arab world’s energy subsidy bill shrinks to $98 billion in 2017: AMF
Spending on energy subsidies in the Arab world has dropped to around $98 billion in 2017 from $117 billion in 2015,…
Egypt government spent $5.65bn over-budget in 2016-17 due to currency float
Egypt’s government spent over 100 billion Egyptian pounds ($5.65 billion) more than it planned to in the 2016-17…
Egypt to shrink spending to limit budget deficit
The Egyptian government announced on Thursday its decision to cut down spending by 15 to 20 per cent to limit the…
Oil subsidies spending drop 23%, hit $6bn in FY2015-16: Egypt’s EGPC
The total volume of spending on Egypt's oil subsidies dropped 23 percent in financial year 2015-16, Chairman of…
Audi favors electric cars, services in new strategy: sources
Audi will boost spending on digital technologies and electric cars over the next decade, sources at the German…
BP eyes more spending cuts after 80% profit drop
BP (BP.L) said on Tuesday it could cut capital spending further after reporting an 80 percent drop in profits in…
Pentagon to hike spending request to fund fight versus ISIS- Reuters
President Barack Obama's administration will seek a significant increase in funding for the fight against Islamic…
Saudi Arabia set to announce 2016 budget amid oil plunge
Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
U.S. oil export ban ‘very likely’ to be lifted in spending bill
The 40-year-old ban on most U.S. crude oil exports will "very likely" be lifted in the government spending bill,…
