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What we’re tracking on 20 June 2018
Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on…
What we’re tracking on 11 June 2019
We hate to open on a down note, but yesterday wasn’t a great day for macro indicators: Both the purchasing…
House Planning and Budget Committee to discuss unifying capital gains tax
LEGISLATION WATCH- House pushes ahead with proposal on capital gains tax reform: The House of Representatives’ Planning and Budget Committee…
Egypt’s budget deficit hits 5.3% of GDP in 9M2018-2019
Egypt’s budget deficit fell to 5.3% of GDP in 9M2018-2019, compared to 6.2% in the same period the previous year,…
Government expects EGP 17 bn revenues from raising electricity prices
Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17…
Egypt’s domestic debt rises 20% in 2018
Egypt’s domestic debt rose 20.25% y-o-y to EGP 4.1 tn at the end of December 2018 compared to EGP 3.4…
Electricity prices to rise an average of 15% in FY2019-2020
Electricity prices to rise an average of 15% in FY2019-2020: Average electricity prices will rise by 15% from 1 July,…
Gov’t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans
BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry’s FY2019-20 budget allocation…
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