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Global slowdown could hit economic growth -sources
EXCLUSIVE- Global slowdown could hit economic growth -sources: The Finance Ministry could revise down its growth projections to 6% from…
FinMin eyes more ambitious debt-to-GDP ratio targets for Egypt within three years
FinMin eyes more ambitious debt-to-GDP ratio targets within three years: The Finance Ministry is planning to reduce Egypt’s debt-to-GDP ratio…
Egypt eyes setting crude price in hedging contract at USD 64-68
Egypt eyes pricing crude at USD 64-68 in new hedging contract: Crude oil prices will be set at USD 64-68…
Egypt’s House budget committee to vote on draft budget on Wednesday
BUDGET WATCH- House budget committee to vote on draft budget this Wednesday: The House’s Budget and Planning Committee is expected…
Egypt looking at USD 65-70/bbl in fuel hedge set to take effect in July
Gov’t looking at USD 65-70/bbl in fuel hedge contracts set to take effect in July: The finance and oil ministries…
Egypt’s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions
BUDGET WATCH- House committee loosens state purse strings with EGP 7.3 bn of additional allocations in FY2019-2020 state budget: The…
Egypt expects subsidy spending to come in EGP 13 bn below budget in FY2018-2019
EXCLUSIVE- FinMin expects subsidy spending to come in EGP 13 bn below budget this fiscal year thanks to lower oil…
Egypt caps FY2019-20 state spending at EGP 1 tn
EXCLUSIVE- Gov’t caps FY2019-20 public spending at EGP 1 tn: The government has placed a EGP 1.01 tn cap on…
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