{"id":562419,"date":"2021-05-24T03:36:19","date_gmt":"2021-05-24T03:36:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/"},"modified":"2021-05-24T03:36:19","modified_gmt":"2021-05-24T03:36:19","slug":"house-pushes-ahead-with-budget-debate","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/","title":{"rendered":"House pushes ahead with budget debate"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The House of Representatives will be discussing the spending plan for individual <\/strong><strong>institutions in the FY2021-2022 state budget throughout this week,<\/strong> according to the House agenda. The Endowments Ministry and Egyptian Competition Authority\u2019s allocations are on MPs\u2019 docket for tomorrow, kicking off the week of budget discussions. At the committee level, the House Agriculture Committee approved yesterday the budgets for institutions under the umbrella of the Agriculture and Land Reclamation Ministry, <a href=\"https:\/\/bit.ly\/2Sn7Zff\">Al Mal<\/a> reports.<\/p>\n<p><strong>Next up:<\/strong> At the time of writing, parliament\u2019s schedule showed our representatives meeting Thursday to discuss the budgets for the General Authority for Healthcare; the Universal Healthcare Ins. Authority; the Health Ins. Organization; and the General Authority for Healthcare, Accreditation, and Regulation.<\/p>\n<p><strong>What\u2019s the deadline for a new budget? <\/strong>The House needs to approve the full draft state budget before the start of the fiscal year on 1 July; if it fails to do so, government will keep operating under this year\u2019s budget until a new one is passed \u2014 <strong>we don\u2019t do US-style \u201cgovernment shutdowns.\u201d<\/strong><\/p>\n<p><strong>Need a refresher?<\/strong> The Finance Ministry published the draft budget for the upcoming fiscal year <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6f10ef3d-eec0-4f11-a112-c1dee1ee9780\">last month<\/a>. Among the highlights: GDP growth is expected to come in at 5.4%, while our financing gap will widen 7.1% y-o-y to EGP 1.06 tn, our budget deficit is expected to narrow to 6.7% of GDP from an expected 7.7% in the current fiscal year, and a 22% growth in revenues will outpace a 14% rise in government spending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The House of Representatives will be discussing the spending plan for individual institutions in the FY2021-2022 state budget throughout this week, according to the House agenda. The Endowments Ministry and Egyptian Competition Authority\u2019s allocations are on MPs\u2019 docket for tomorrow, kicking off the week of budget discussions. At the committee level, the House Agriculture Committee [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":562420,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7413],"tags":[279,72,274,187,278],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budget-watch","tag-budget-watch","tag-enterpriseam","tag-house-of-representatives","tag-legislation-watch","tag-state-budget","wpautop","entry"],"acf":{"mongo_id":"7216ea40-25ec-4e8f-9081-9246e0d1e378","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/203.jpg","photo_position":"above","related_issue":[562415],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>House pushes ahead with budget debate - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House pushes ahead with budget debate\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives will be discussing the spending plan for individual institutions in the FY2021-2022 state budget throughout this week, according to the House agenda. The Endowments Ministry and Egyptian Competition Authority\u2019s allocations are on MPs\u2019 docket for tomorrow, kicking off the week of budget discussions. At the committee level, the House Agriculture Committee [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-24T03:36:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/203.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"House pushes ahead with budget debate\",\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\"},\"wordCount\":248,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/203.jpg?fit=%2C&ssl=1\",\"keywords\":[\"budget watch\",\"EnterpriseAM\",\"House of Representatives\",\"Legislation Watch\",\"state budget\"],\"articleSection\":[\"BUDGET WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/house-pushes-ahead-with-budget-debate\/\",\"name\":\"House pushes ahead with budget debate - 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The Health Ministry will receive an\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545938,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/18\/house-planning-committee-to-review-2022-2023-draft-budget\/","url_meta":{"origin":562419,"position":1},"title":"House Planning Committee to review 2022-2023 draft budget","author":"enterpriseam admin","date":"18 April 2022","format":false,"excerpt":"The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and planning committee, Youm7 reports.The FY 2022-2023 budget was recently restructured to \u201creassess priorities\u201d after the Ukraine conflict shook global commodity markets and hit state finances. It now includes a combination\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/308.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622294,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/04\/mps-gave-their-final-approval-to-next-fiscal-years-budget\/","url_meta":{"origin":562419,"position":2},"title":"MPs gave their final approval to next fiscal year\u2019s budget","author":"enterpriseam admin","date":"4 June 2024","format":false,"excerpt":"Finance Minister Mohamed Maait confirms there won\u2019t be any tax hikes next FY.","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570771,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/14\/house-planning-committee-to-review-unified-budget-act-in-june\/","url_meta":{"origin":562419,"position":3},"title":"House Planning Committee to review Unified Budget Act in June","author":"enterpriseam admin","date":"14 April 2020","format":false,"excerpt":"LEGISLATION WATCH- House Planning Committee to review Unified Budget Act in June: The House of Representatives\u2019 Planning and Budget Committee will review the Finance Ministry\u2019s draft Unified Budget Act in June, committee chairman Hussein Eissa told Al Mal. Background: The draft bill, unveiled by the ministry in January, merges legislation\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648116,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/budget-discussions-in-the-house-of-representatives-are-off-to-a-predictably-chaotic-start\/","url_meta":{"origin":562419,"position":4},"title":"Budget discussions in the House of Representatives are off to a predictably chaotic start","author":"enterpriseam admin","date":"29 May 2017","format":false,"excerpt":"House Healthcare Committee digs in on reclassification of EGP 9.4 bn in FY2017-18 budget as debate budget debate grinds on: The House of Representatives\u2019 Health Committee will hold its ground to ensure that funds for wastewater projects now falling under the healthcare line item are reclassified as spending on infrastructure\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572660,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/house-planning-committee-approves-egp-80-bn-overdraft-for-egypts-fy2019-2020-budget\/","url_meta":{"origin":562419,"position":5},"title":"House Planning Committee approves EGP 80 bn overdraft for Egypt\u2019s FY2019-2020 budget","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"BUDGET WATCH- The House Planning and Budgeting Committee on Wednesday signed off on a EGP 80 bn overdraft for the FY2019-2020 state budget, Al Masry Al Youm reported. The overdraft was required to pay off the Electricity Ministry\u2019s EGP 102 bn debt to the Oil Ministry and another EGP 50\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562419"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562419\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/562420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562419"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562419"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}