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Infrastructure 
Maait sees recovery now, relief for citizens next
A conversation with Maait: IMF Executive Director and former Finance Minister Mohamed Maait joined Sherif Amer on Yahduth Fi Masr…
Maait named IMF executive director for Arab states and the Maldives
Maait replaces Mahmoud Mohieldin, who has held the position for four years
Could Maait be the next IMF executive director representing Arab states
Good morning, all. We got another packed issue for you this morning to wrap up one busy week. BEFORE WE…
Egypt’s FY 2024-2025 draft budget delivered to the House
Next year’s draft budget is the first consolidated public government budget that includes budgets of all the state’s economic bodies
Next fiscal year’s draft state budget dominated the airwaves
Finance Minister undersecretary Ahmed El Sayed sees a “systematic change” in the gov’t approach to economic growth.
Gov’t eyes increasing the average term of its securities to 4.5-5 years
The government will also continue to work on lowering its debt servicing costs
Gov’t proposes increasing spending on education, social security, healthcare in FY 2024-25 draft budget
Funds directed towards social protection are up 20% y-o-y to EGP 636 bn
Half of the proceeds from the privatization program earmarked to reduce public debt -Maait
There will also be no tax increases for investors in the next fiscal year
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