Kouchouk lays out his economic plan in first presser as finance minister
Good morning, folks, and a happy Friday to you all. After a pretty hectic start to the week that saw…
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Good morning, folks, and a happy Friday to you all. After a pretty hectic start to the week that saw…
The Finance Ministry expects the country’s debt-to-GDP ratio falling to below 85% by the end of FY 2025-26
The government expects its tax revenues to jump by around EGP 100 bn once the new policy is put in…
The deficit was down 17% from the year before
Finance Minister Mohamed Maait confirms there won’t be any tax hikes next FY.
Some EGP 186 bn will be allocated to urban development, with EGP 50 bn going to the real estate sector
The gov’t aims to generate 20% of its electricity from renewables in the coming fiscal year
The initiative will offer investors subsidized loans at a 12% interest rate
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