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Egypt’s fuel subsidy spending falls 69% y-o-y in 1Q2019-2020
BUDGET WATCH- Fuel subsidy spending plunges in 1Q2019-2020: Government spending on fuel subsidies fell 69% y-o-y in 1Q2019-2020 to EGP…
FinMin aims to cut government spending by 6.5% next fiscal year
BUDGET WATCH- FinMin aims to cut government spending by 6.5% next fiscal year: The Finance Ministry is projecting a 6.5%…
Egypt in the news on 1 December 2019
International reaction to last week’s raid on Mada Masr continues to roll in: It’s the Economist’s turn to give its…
Can emerging markets still emerge?
Can emerging markets still emerge? The rapid pace at which jobs are automated and declining birth rates will make it…
Egypt in the News on 20 November 2019
The government’s reform efforts will be undermined if the military crowds out Egypt’s private sector from the economy, resulting in…
Why foreign teachers are still in high demand despite a spike in hiring costs in post- float Egypt
Despite the impact on school financials thanks to high salaries and hiring costs, foreign teachers are still in demand at…
Egypt in the News on 17 November 2019
How the government is salvaging El Mahalla El Kobra: The Public Enterprises Ministry is pushing ahead with a USD 1.3…
El Sisi, Madbouly talk Belt and Road with visiting Chinese delegation
El Sisi, Madbouly talk Belt and Road with visiting Chinese delegation: President Abdel Fattah El Sisi held talks yesterday with…
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