economy Archives

House Planning Committee to review 2022-2023 draft budget

The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and…

Egypt’s current account deficit narrowed to USD 3.8 bn in 2Q 2021-2022, from USD4.8 bn in the same period last…

Good morning, friends, and welcome to the last full workweek of Ramadan. We’ll be off at least two days next…

15% inflation + two more rate hikes by July? That’s the prognosis given by Doug Bitcon, head of credit strategies…

Fancy a trip to Bulgaria? It’s now sans-covid paperwork. Starting today travelers arriving to Bulgaria from Egypt no longer have…

Annual urban inflation rose to its highest level in almost three years in March as spillover effects from the conflict…

Egypt’s foreign reserves declined last month for the first time since the early days of the covid pandemic as the…

The Madbouly government now expects the budget deficit to contract to 6.2% this fiscal year, down from a previous 6.9%…

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