{"id":598644,"date":"2019-05-30T04:04:54","date_gmt":"2019-05-30T04:04:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-house-budgeting-committee-approves-egp-7-3-bn-in-fy2019-2020-additions\/"},"modified":"2019-05-30T04:04:54","modified_gmt":"2019-05-30T04:04:54","slug":"egypts-house-budgeting-committee-approves-egp-7-3-bn-in-fy2019-2020-additions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-house-budgeting-committee-approves-egp-7-3-bn-in-fy2019-2020-additions\/","title":{"rendered":"Egypt\u2019s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions"},"content":{"rendered":"

<\/a> BUDGET WATCH- House committee loosens state purse strings with EGP 7.3 bn of additional allocations in FY2019-2020 state budget<\/b>: 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<\/a>. The Health Ministry will receive an extra EGP 2 bn for health treatment programs, the education sector will receive EGP 1.2 bn, and the Agriculture Ministry will get an additional EGP 2.5 bn.<\/p>\n

The committee is expecting to approve north of EGP 20 bn in extra spending allowances<\/b> by the time the horse-trading over the draft budget<\/a> comes to an end. The committee, which began the discussions earlier this month<\/a>, is expecting to receive reports from several other parliamentary committees this week, and begin discussing them following the Eid El Fitr break. 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. The new fiscal year begins on 1 July.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 extra EGP 2 bn for […]<\/p>\n","protected":false},"author":1,"featured_media":598645,"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":[2653,73,72,7115,180,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-budgeting","tag-education","tag-enterpriseam","tag-healthcare","tag-legislation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cec5ab75-fc13-4b4d-975e-db6af772af02","is_powered_by":true,"section_story_id":"4b9da8f2-a89e-4e01-a9c6-7276db8a0c4a","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/1\/662.jpg","photo_position":"above","related_issue":[598635],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions - 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\/30\/egypts-house-budgeting-committee-approves-egp-7-3-bn-in-fy2019-2020-additions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s House Budgeting Committee approves EGP 7.3 bn in FY2019-2020 additions\" \/>\n<meta property=\"og:description\" content=\"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. 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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 "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":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":598644,"position":1},"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 "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":599181,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/house-committee-approves-fy2019-2020-draft-budget\/","url_meta":{"origin":598644,"position":2},"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":598131,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/govt-rolls-out-egp-2-5-bn-for-education-ministry-to-pay-off-urgent-loans\/","url_meta":{"origin":598644,"position":3},"title":"Gov\u2019t rolls out EGP 2.5 bn for Education Ministry to pay off urgent loans","author":"enterpriseam admin","date":"15 May 2019","format":false,"excerpt":"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\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":570916,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/22\/house-approves-egp-10-bn-additional-provision-for-fy2019-2020-budget\/","url_meta":{"origin":598644,"position":4},"title":"House approves EGP 10 bn additional provision for FY2019-2020 budget","author":"enterpriseam admin","date":"22 April 2020","format":false,"excerpt":"LEGISLATION WATCH- House approves EGP 10 bn additional provision for FY2019-2020 budget: The House of Representatives\u2019 general assembly has approved the government\u2019s request to allocate an additional EGP 10 bn in the FY2019-2020 budget to help the state fight the covid-19 pandemic, according to Al Mal. The proposal was approved\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\/4\/180.jpg?fit=%2C&ssl=1&resize=350%2C200","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":598644,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598644","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=598644"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598644\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/598645"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598644"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598644"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}