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Budget deficit narrows to EGP 505 bn in FY 2023-24
The deficit was down 17% from the year before
Madbouly addresses power cuts, renewables goals, meds crisis
The government will halt rolling blackouts starting next Sunday
It’s interest rate day
Good morning, wonderful people. It’s shaping up to be another morning dominated by policy — Prime Minister Moustafa Madbouly’s presser…
Fed boss continues to (carefully) build a case for rate cuts, saying it looks like inflation is heading to the magical 2% zone
Plus: Trades shrug off attempt on Trump’s life, sending Dow up 200 points to close at another record high
IMF is in discussion with the new cabinet over its policies for the years to come
The two sides are in discussion over monetary and financial policies, as well as policies related to public spending
Hengsheng lays foundation stone for USD 70 mn textile factory in the SCZone
Hengsheng is looking to achieve annual sales worth USD 300 mn
CBE to hold rates steady on Thursday -Poll
All 13 of the analysts and economists we surveyed see the MPC holding rates steady
Emerging markets recover from post-pandemic lows despite higher interest rates
Pakistan is getting a USD 7 bn loan from the IMF
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