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MPs gave their final approval to next fiscal year’s budget
Finance Minister Mohamed Maait confirms there won’t be any tax hikes next FY.
MPs vote on state budget today
Good morning, folks. We have a brisk issue for you this morning led by news of further subsidy cuts ahead.…
This fiscal year’s budget could get a top up
The additional funds will come from proceeds from the USD 35 bn Ras El Hekma agreement
Egypt’s FY 2024-2025 draft budget delivered to the House
Next year’s draft budget is the first consolidated public government budget that includes budgets of all the state’s economic bodies
Economy to grow at a 4.0% clip in preliminary budget report for FY 2024-25
The Madbouly government now sees the economy growing at a 4.0% clip in the coming fiscal year
Alexbank’s net income rises 76% y-o-y to EGP 5 bn in 2023. PLUS: Next fiscal year’s draft budget goes up for discussion in the House next week
The government is currently working to offload its 20% stake in Alexbank
Gov’t proposes increasing spending on education, social security, healthcare in FY 2024-25 draft budget
Funds directed towards social protection are up 20% y-o-y to EGP 636 bn
Draft budget for the next fiscal year heads to the house
Good morning, friends. An unusually busy week in local business and economy news for Ramadan is ending how it began,…
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