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World Bank sees Egypt’s budget deficit widening to 7.6% of GDP in FY 2025-26 as interest payments squeeze fiscal space
Inflation is forecast to ease to 13.6% in 2026
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.
Keeping your wealth in check during the busy season
How to keep your money in check during the busy season: This year, Ramadan — and Sham El Nessim, and…
Gov’t to slash subsidies doled out to help water companies cover expenses
State water companies will no longer be getting subsidies from the state to cover their spending shortfall starting next fiscal…
The future of SWFs is at risk as covid-19 turns the industry on its head
The future of SWFs is at risk as covid-19 turns the industry on its head: Sovereign wealth funds (SWFs) around…
El Sisi ratifies EGP 80 bn overdraft for Egypt’s FY2019-2020 budget
President Abdel Fattah El Sisi has ratified a EGP 80 bn overdraft for the FY 2019-2020 state budget approved by…
Egypt’s budget passes House, health and education spending slightly changed
BUDGET WATCH- FY2020-2021 budget passes House with bigger earmarks for health and education spending: The House of Representatives approved in…
Egypt sets aside a quarter of its FY2020-21 investment budget for Upper Egypt
BUDGET WATCH- Gov’t sets aside a quarter of its FY2020-21 investment budget for Upper Egypt: The government is planning to…
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