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“Mud tax” could be suspended until July 2023
The “mud tax” could be suspended for another year: The House Planning and Budget Committee has approved a draft bill…
Subsidies + social safety net allocations dominate House budget debate
MPs raise flags on FY 2022-2023 budget allocations for subsidy + social safety net spending: Members of the House Planning…
Money laundering amendments earn preliminary approval in the House
MPs gave preliminary approval to proposed amendments to the Anti-Money Laundering Act yesterday, Ahram Gate reported. The changes would create…
How an excel sheet, becomes a budget, then becomes the law of the land
Enterprise Explains: the state budget process: It’s that time of the year when the government looks to get its budget…
THIS EVENING: Maait, El Said present state spending plans for next fiscal year at the House + Paymob closes Egypt’s largest ever fintech series B round
Happy Monday, wonderful people. It’s shaping up to be a relatively eventful — and certainly an interesting — news day…
Rate hikes leave gov’t with at least EGP 6 bn in unexpected debt costs
FinMin needs at least another EGP 6 bn for debt repayments: The House Budget Committee has approved legislative amendments that…
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…
THIS MORNING: Hot’n’dusty + IMF / World Bank Spring Meetings start tomorrow
Good morning, friends, and welcome to the last full workweek of Ramadan. We’ll be off at least two days next…
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