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Fuel subsidy spending falls 30% in FY 2018/2019, beating gov’t targets
Fuel subsidy spending falls 30% in FY2018-2019, beating gov’t targets: The government’s fuel subsidies bill fell 30% in FY2018-2019, beating…
Mohamed Abdel Fattah named Finance Minister’s assistant for budget
MOVES- Prime Minister Moustafa Madbouly has appointed the Finance Ministry’s head of the budget division, Mohamed Abdel Fattah, as assistant…
Government seeking to increase oil hedging contracts this fiscal year
EXCLUSIVE- Gov’t mulls signing fuel hedging contracts with more banks this fiscal year: The government is planning to at least…
Government postpones amendments on universal healthcare tithe
LEGISLATION WATCH- Gov’t postpones amendments on healthcare tithe to next parliamentary session: The government has postponed talks over setting a…
Government raises fuel prices, phasing out remaining fuel subsidies
Government raises fuel prices, phasing out remaining fuel subsidies: The government raised fuel prices by between 16% and 30% over…
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020
Egypt wants to almost quadruple the value of natural gas exports to USD 2 bn in FY2019-2020: The government is…
Egypt targets 1Q2020 Samurai, Panda bond issuances
EXCLUSIVE- Egypt may offer Samurai and Panda bonds in 1Q2020: The Finance Ministry is aiming to secure approvals from Asian…
Egypt to dedicate EGP 6 bn annually in the budget for exports subsidies
Government to dedicate EGP 6 bn per year to export subsidies: The government will set aside EGP 6 bn annually…
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