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The Madbouly Cabinet signed off on a EGP 2 bn overdraft for the FY2020-2021 state budget to help finance measures…
Cloudy with a chance of…
EXCLUSIVE- Expect to see revised GDP growth targets for the current fiscal year sometime this month as the Finance Ministry…
What’s going to keep MPs busy this year?
Your new House of Representatives will convene on Tuesday for its first session since elections were held late last year.…
Egypt misses revenue targets thanks to pandemic, but expenses are down, too
Egypt recorded a budget deficit of EGP 462 bn — or 7.9% of GDP — in FY2019-2020, according to Finance…
Egypt’s primary surplus at EGP 5.2 bn in 4M2020-2021: Maait
Egypt recorded a primary surplus of EGP 5.2 bn in 4M2020-2021, down from EGP 14.7 bn, Finance Minister Mohamed Maait…
Egypt’s budget deficit down, remittances up
Egypt’s budget deficit shrank to EGP 134.9 bn, equivalent to 2.1% of GDP in 1Q2020-2021 compared to 2.3% during the…
Foreign investors flocked to EGP bonds in November
Foreign investors continued to love Egyptian bonds in November: Foreign portfolio investment in EGP-denominated bonds rose to USD 23 bn…
Egypt’s state revenues withstand EGP 220 bn shortfall in FY2019-2020 -Maait
State revenues took a EGP 220 bn hit in FY2019-2020 due to the pandemic, Finance Minister Mohamed Maait told Hapi…
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