{"id":598131,"date":"2019-05-15T03:41:19","date_gmt":"2019-05-15T03:41:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/govt-rolls-out-egp-2-5-bn-for-education-ministry-to-pay-off-urgent-loans\/"},"modified":"2019-05-15T03:41:19","modified_gmt":"2019-05-15T03:41:19","slug":"govt-rolls-out-egp-2-5-bn-for-education-ministry-to-pay-off-urgent-loans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/govt-rolls-out-egp-2-5-bn-for-education-ministry-to-pay-off-urgent-loans\/","title":{"rendered":"Gov\u2019t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans"},"content":{"rendered":"

BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry\u2019s FY2019-20 budget allocation<\/b> to pay off \u201curgent\u201d loans, House Planning and Budgeting Committee Chair Yasser Omar tells the local press<\/a>. The two ministries will study making available EGP 8.5 bn for the ministry amid efforts to increase the sector\u2019s allocation in the FY2019-20 draft budget. Earlier this month<\/a>, the MP said the ministry was after an additional EGP 11 bn, which would bring the sector\u2019s budget to EGP 110 bn the next fiscal year. A source had told us earlier this week<\/a> that the government has placed a EGP 1.01 tn cap on public spending for the upcoming fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"

BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry\u2019s FY2019-20 budget allocation to pay off \u201curgent\u201d loans, House Planning and Budgeting Committee Chair Yasser Omar tells the local press. The two ministries will study making available EGP 8.5 bn for the ministry amid efforts to increase the […]<\/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":[279,870,72,274,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598131","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-budget-watch","tag-education-ministry","tag-enterpriseam","tag-house-of-representatives","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"caab1a32-2ce7-4db2-989e-71a1d76259ed","is_powered_by":true,"section_story_id":"5b814281-a279-49e5-8824-73f311d02e84","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598114],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans - 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\/15\/govt-rolls-out-egp-2-5-bn-for-education-ministry-to-pay-off-urgent-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans\" \/>\n<meta property=\"og:description\" content=\"BUDGET WATCH- The Finance Ministry has agreed to a EGP 2.5 bn increase in the Education Ministry\u2019s FY2019-20 budget allocation to pay off \u201curgent\u201d loans, House Planning and Budgeting Committee Chair Yasser Omar tells the local press. 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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":568939,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/egypt-to-double-health-spending-in-fy2020-2021\/","url_meta":{"origin":598131,"position":3},"title":"Egypt to double health spending in FY2020-2021","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"BUDGET WATCH- The government will double its spending on health in the upcoming fiscal year, Prime Minister Moustafa Madbouly said in a meeting with the health and planning ministers last week, without providing a specific figure, according to a cabinet statement. The government allocated EGP 73 bn to the Health\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":602984,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/11\/govt-to-increase-education-health-and-comms-spending-in-fy2019-20\/","url_meta":{"origin":598131,"position":4},"title":"Gov\u2019t to increase education, health and comms spending in FY2019-20","author":"enterpriseam admin","date":"11 April 2019","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t to increase spending on health, education and financial inclusion next fiscal year: The draft FY2019-20 state budget is increasing the government\u2019s allocations for education and health and should meet the constitutionally mandated 10% of GDP spending requirement for these sectors, a government source told Enterprise. 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