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Gov’t revises downward Egypt’s GDP growth for next fiscal year
The government has revised downward its target GDP growth for FY2020-2021 to 3.5% from 4.5%, said Planning Minister Hala El…
FinMin leaves FY2020-2021 GDP growth figures unchanged from pre-covid expectations
BUDGET WATCH- In a climate of global uncertainty, the Finance Ministry is leaving its projection for FY2020-2021 GDP growth unchanged…
FinMin expecting EGP 974 bn in tax revenues for draft FY2020-2021 budget
BUDGET WATCH- The Finance Ministry is aiming to collect EGP 974 bn in tax revenue in the coming fiscal year,…
Egypt cuts GDP growth forecast to 5.1% from 5.6% in FY 2019-2020
Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
Egypt creates guide for internal government auditing process
The Finance Ministry has created issued criteria for government auditors to assess during internal audits of government bodies to help…
FinMin issues guidelines for state bodies' standalone budgets for FY2020-2021
BUDGET WATCH- FinMin issues guidelines for state bodies' budgets for FY2020-2021 ahead of drafting full budget: The Finance Ministry has…
Gov’t considers boosting health, education spending
The government could increase spending on health and education, according to two cabinet statements (here and here). The two ministries…
Gov’t looking to reduce Egypt’s budget deficit to 5% within two years -Maait
The government is looking to reduce Egypt’s budget deficit to 5% within two years, which would bring it to a…
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