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Supply Ministry reinstates 2.6 mn citizens to Egypt’s subsidy rolls
The Supply Ministry has so far reinstated 2.6 mn citizens to the country’s subsidy rolls after accepting their appeals against…
GAFI boss joins cabinet economic group, becomes Egypt de-facto investment minister
GAFI boss joins cabinet economic group: Prime Minister Moustafa Madbouly hasrestructured the cabinet economic group to give the head of…
Egypt records state budget deficit of 2.1% in 1Q2019-20
BUDGET WATCH- State records budget deficit of 2.1% in 1Q2019-20: The Finance Ministry’s latest fiscal performance report (pdf) showed a…
Cabinet signs off on four agreements between Egypt and Germany worth EUR 145.9 mn
CABINET WATCH- The Madbouly Cabinet signed off yesterday on four agreements with Germany that Egypt had signed last month worth…
Egypt’s new Customs Act expected to come into effect in 1H2020
LEGISLATION WATCH- The proposed Customs Act is expected to come into effect in 1H2020, unnamed sources at the Finance Ministry…
New income tax law to be finalized this fiscal year -Maait
LEGISLATION WATCH- The new income tax law will see the light of day this fiscal year: The new income tax…
Gov’t to beat fuel subsidy spending targets in 2Q - gov’t source
BUDGET WATCH- Gov’t to beat fuel subsidy spending targets in 2Q -gov’t source: The government will not spend more than…
Is Egypt seeking a Standby Credit Facility from the IMF?
Is Egypt seeking a standby credit facility from the IMF? Egypt’s post-loan agreement with the IMF is could take the…
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