{"id":597866,"date":"2019-05-07T03:31:34","date_gmt":"2019-05-07T03:31:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20\/"},"modified":"2019-05-07T03:31:34","modified_gmt":"2019-05-07T03:31:34","slug":"education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20\/","title":{"rendered":"Education Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20"},"content":{"rendered":"

<\/a> BUDGET WATCH- Let the horse-trading begin: The Education Ministry wants an additional EGP 11 bn in FY2019-20 budget.<\/b> 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 Committee Chair Yasser Omar tells the local press<\/a>. The additional allocation would bring the ministry\u2019s budget to EGP 110 bn. The Finance Ministry has demurred, the domestic press adds, leaving the heroes from the House of Representatives to mediate between the two ministries. The rather breathless piece cites an unnamed committee member as saying the House will back the Education Ministry.<\/p>\n

On a less sensationalist note: It\u2019s not entirely clear whether the current budget allocation meets the constitutional requirement for education spending<\/b>. The constitution requires the government to spend the equivalent of 7% of GDP on education and 3% on healthcare. A government source had previously told Enterprise that the draft FY2019-20 state budget should meet the constitutionally mandated minimums. According to Omar, the spending requirements for next fiscal year are calculated based on the current fiscal year\u2019s GDP, making the current allocations constitutionally sound. However, the unnamed committee member claims that the current earmark falls short at the equivalent of 2.6% of GDP.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 Committee Chair Yasser Omar tells […]<\/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":[73,870,72,276,2380,278],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597866","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-education","tag-education-ministry","tag-enterpriseam","tag-finance-ministry","tag-speed-round","tag-state-budget","wpautop","entry"],"acf":{"mongo_id":"9c87aec6-3b7f-4fcc-b772-8d34d71e55d1","is_powered_by":true,"section_story_id":"f6546a18-7c70-461f-befc-760bf81069df","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597859],"teaser":"","voice_url":""},"yoast_head":"\nEducation Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20 - 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\/07\/education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Education Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20\" \/>\n<meta property=\"og:description\" content=\"BUDGET WATCH- Let the horse-trading begin: The Education Ministry wants an additional EGP 11 bn in FY2019-20 budget. 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The two ministries will study making available EGP 8.5 bn for the ministry\u2026","rel":"","context":"In "Speed Round"","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":597909,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/08\/egypts-health-ministry-asks-for-increase-in-budget-allocation-for-fy2019-20\/","url_meta":{"origin":597866,"position":1},"title":"Egypt\u2019s Health Ministry asks for increase in budget allocation for FY2019-20","author":"enterpriseam admin","date":"8 May 2019","format":false,"excerpt":"BUDGET WATCH- Health Ministry follows Education Ministry\u2019s lead in angling for better budget allocation: Health Minister Hala Zayed has asked the government to increase the budget allocation for the health sector to EGP 100 bn in the coming fiscal year, the local press reported. To implement the Universal Healthcare Act,\u2026","rel":"","context":"In "Speed Round"","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":598644,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-house-budgeting-committee-approves-egp-7-3-bn-in-fy2019-2020-additions\/","url_meta":{"origin":597866,"position":2},"title":"Egypt\u2019s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"BUDGET WATCH- House committee loosens state purse strings with EGP 7.3 bn of additional allocations in FY2019-2020 state budget: The House of Representatives\u2019 Planning and Budgeting Committee has allocated an additional EGP 7.3 bn across a number of sectors in FY2019-2020, committee sources said. The Health Ministry will receive an\u2026","rel":"","context":"In "Speed Round"","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":599181,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/house-committee-approves-fy2019-2020-draft-budget\/","url_meta":{"origin":597866,"position":3},"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 "Speed Round"","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":597866,"position":4},"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. 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