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Gov’t expects financing gap to shrink to EGP 2.7 tn in FY 2026-27 despite regional volatility

Gov’t expects financing gap to shrink to EGP 2.7 tn in FY 2026-27 despite regional volatility

The Finance Ministry expects EGP 2.7–3.0 tn in tax collection as part of EGP 4 tn in total public revenues.

GDP growth picks up to 4.5% in FY 2024-25

GDP growth picks up to 4.5% in FY 2024-25

External debt fell USD 1 bn last fiscal year

Gov’t revenues up 57% y-o-y in 9M FY 2023-24

Gov’t revenues up 57% y-o-y in 9M FY 2023-24

Despite the uptick in revenues, the budget deficit remained virtually unchanged

The IMF says we promised to slow down spending on infrastructure

The IMF says we promised to slow down spending on infrastructure

A new committee will be formed to ensure the private sector takes the lead on driving economic growth

OECD lays out policy recommendations after forecasting growth dipping to 3.2% in FY 2023-24

OECD lays out policy recommendations after forecasting growth dipping to 3.2% in FY 2023-24

OECD says confidence in public finances must be restored to lure back foreign capital

Budget deficit to widen to 10.7% this fiscal year -IMF

Budget deficit to widen to 10.7% this fiscal year -IMF

The Fund expects government spending to rise faster than previously expected while revenues will remain flat

Egypt’s talking heads wax lyrical about the “Homeland” conference, El Sisi

Egypt’s talking heads wax lyrical about the “Homeland” conference, El Sisi

President Abdel Fattah El Sisi was at center stage last night after he inaugurated a three-day conference titled “Story of…

Maait looks to shift the economic narrative with media blitz

Maait looks to shift the economic narrative with media blitz

Maait says the economy can ride out global economic shocks: Finance Minister Mohamed Maait took to the mic yesterday in…

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