{"id":597826,"date":"2019-05-06T04:16:48","date_gmt":"2019-05-06T04:16:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/"},"modified":"2019-05-06T04:16:48","modified_gmt":"2019-05-06T04:16:48","slug":"egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/","title":{"rendered":"Egypt\u2019s House planning committee begins discussing FY 19-20 draft budget"},"content":{"rendered":"<p><b>BUDGET WATCH- Parliament begins committee-level review of draft FY2019-2020 state budget: <\/b>The House of Representatives\u2019 Planning and Budgeting Committee has begun discussing <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/01\/finmin-releases-egypts-draft-fy2019-20-budget\/\">the draft FY2019-20 budget<\/a>, according to <a href=\"https:\/\/alborsaanews.com\/2019\/05\/05\/1200800\">local press reports<\/a>. Finance Minister Mohamed Maait and Planning Minister Hala El Said are expected to attend a committee meeting to address questions, including the number of ministries subject to <a href=\"https:\/\/www.cef-see.org\/2017-program-budgeting\">program and performance budgeting<\/a> and income generated through economic authorities and public enterprises. Committee-level approval is required for the draft to make it to the general assembly for a final vote, ahead of being ratified by President Abdel Fattah El Sisi.<\/p>\n<p><b>Background: <\/b>The Finance Ministry sent the draft to the House last month, along with <a href=\"http:\/\/www.mof.gov.eg\/MOFGallerySource\/Arabic\/budget2019-2020\/Financial-Statement-2019-2020.pdf\">a report (pdf)<\/a> addressing the House speaker. It forecasts revenues hitting 1.13 tn and total expenditure to come in at 1.57 tn \u2014 leading to a y-o-y improvement in the budget deficit to 7.2% of GDP from 8.4% in the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BUDGET WATCH- Parliament begins committee-level review of draft FY2019-2020 state budget: The House of Representatives\u2019 Planning and Budgeting Committee has begun discussing the draft FY2019-20 budget, according to local press reports. Finance Minister Mohamed Maait and Planning Minister Hala El Said are expected to attend a committee meeting to address questions, including the number of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[2653,72,1318,180,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597826","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-budgeting","tag-enterpriseam","tag-fiscal-policy","tag-legislation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"57829141-ad20-40df-9fd0-c9845cb2510a","is_powered_by":true,"section_story_id":"a616dd01-1ab5-4c79-b118-882d4c206957","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597812],"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>Egypt\u2019s House planning committee begins discussing FY 19-20 draft budget - 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\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s House planning committee begins discussing FY 19-20 draft budget\" \/>\n<meta property=\"og:description\" content=\"BUDGET WATCH- Parliament begins committee-level review of draft FY2019-2020 state budget: The House of Representatives\u2019 Planning and Budgeting Committee has begun discussing the draft FY2019-20 budget, according to local press reports. Finance Minister Mohamed Maait and Planning Minister Hala El Said are expected to attend a committee meeting to address questions, including the number of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-06T04:16:48+00:00\" \/>\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\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s House planning committee begins discussing FY 19-20 draft budget\",\"datePublished\":\"2019-05-06T04:16:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"budgeting\",\"EnterpriseAM\",\"fiscal policy\",\"legislation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-house-planning-committee-begins-discussing-fy-19-20-draft-budget\/\",\"name\":\"Egypt\u2019s House planning committee begins discussing FY 19-20 draft budget - 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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":599051,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/egypts-house-budget-committee-to-vote-on-draft-budget-on-wednesday\/","url_meta":{"origin":597826,"position":1},"title":"Egypt\u2019s House budget committee to vote on draft budget on Wednesday","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"BUDGET WATCH- House budget committee to vote on draft budget this Wednesday: The House\u2019s Budget and Planning Committee is expected to vote on the draft FY2019-2020 budget this Wednesday after completing its report, parliamentary sources said. That could set up a vote on the document as early as next week\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":597826,"position":2},"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":[]},{"id":597866,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20\/","url_meta":{"origin":597826,"position":3},"title":"Education Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20","author":"enterpriseam admin","date":"7 May 2019","format":false,"excerpt":"BUDGET WATCH- Let the horse-trading begin: The Education Ministry wants an additional EGP 11 bn in FY2019-20 budget. The annual public jockeying to increase the government\u2019s budgetary earmarks for education has begun, with the Education Ministry asking the Finance Ministry for an additional EGP 11 bn, House Planning and Budgeting\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":599181,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/house-committee-approves-fy2019-2020-draft-budget\/","url_meta":{"origin":597826,"position":4},"title":"House committee approves FY2019-2020 draft budget","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"LEGISLATION WATCH- House Budget committee approves FY2019-2020 draft budget: The House of Representatives Planning and Budget Committee has approved the draft budget for the FY2019-2020 fiscal year and referred it to the general assembly to set a date for a vote, MP Yasser Omar told the local press. The House\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":570560,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/06\/small-companies-can-collect-overdue-export-subsidies-without-proving-theyre-right-with-the-tax-authority\/","url_meta":{"origin":597826,"position":5},"title":"Small companies can collect overdue export subsidies without proving they\u2019re right with the Tax Authority","author":"enterpriseam admin","date":"6 April 2020","format":false,"excerpt":"CABINET WATCH- Small companies can collect overdue export subsidies without proving they\u2019re right with the Tax Authority: The Madbouly Cabinet will pay out export subsidy arrears to small companies owed less than EGP 5 mn without requiring official documents proving they have cleared their taxes, according to a cabinet statement.\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\/597826","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=597826"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597826\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597812"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597826"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597826"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}