{"id":599173,"date":"2019-06-20T04:04:34","date_gmt":"2019-06-20T04:04:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/"},"modified":"2019-06-20T04:04:34","modified_gmt":"2019-06-20T04:04:34","slug":"what-were-tracking-on-20-june-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/","title":{"rendered":"What we\u2019re tracking on 20 June 2018"},"content":{"rendered":"

Expect the FY2019-2020 budget debate to dominate the headlines next week.<\/b> The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote.<\/p>\n

Pharos Holding\u2019s <\/b>annual investor conference (pdf)<\/b><\/a> wraps up today in El Gouna.<\/b> The two-day event brought together investors, IPO prospects and more than 40 listed companies for meetings with institutional investors in one-on-one meetings during the conference\u2019s first day.<\/p>\n

The African Cup of Nations kicks off tomorrow<\/b> at Cairo Stadium at 10 PM CLT. The Pharaohs are set to play Zimbabwe in the first match of Group A, which also includes DR Congo and Uganda. CAF has warned participating teams of high temperatures that will average 35-38\u00baC over the coming month, Reuters noted<\/a>. Summer in Cairo. Shocking, we know.<\/p>\n

The tournament featured heavily in coverage of Egypt in the international press.<\/b> We have a look in this morning\u2019s Egypt in the News, below.<\/p>\n

<\/a><\/p>\n

<\/a> The US Federal Reserve left key interest rates on hold<\/b> but indicated that it could cut them in the coming months if the economic outlook in the US deteriorates, the Wall Street Journal<\/a> reports. \u201cThe case for a somewhat more accommodative policy has strengthened,\u201d Fed Chairman Jay Powell said at a news conference following the conclusion of the two-day FOMC meeting. The benchmark rate is currently in a target range of 2.25% to 2.50%. The reaction on Wall Street was muted: <\/b>The S&P was up 0.3%, while the Dow rose 0.15%.<\/p>\n

When could we see a rate cut?<\/b> The \u201cdivided\u201d Fed may be guiding<\/a> for a cut or two in 2020, but bond traders aren\u2019t on the same page, CNBC<\/a> and Bloomberg<\/a> say. Federal funds futures now give a 100% chance of the central bank cutting rates and a 67% chance of a cut to 2% when officials next meet on 30-31 July. Market expectations of a rate cut before the end of the year have continued to rise in recent weeks<\/a> as trade tensions and slowing global growth weigh on the minds of investors.<\/p>\n

<\/p>\n

<\/a> Advanced economies are behaving like emerging markets, El Erian says:<\/b> ECB chief Mario Draghi\u2019s suggestion yesterday<\/a> that the central bank could soon resort to more stimulus measures is another example of how advanced economies are starting to act like emerging markets, Mohamed El Erian writes for Bloomberg<\/a>.<\/p>\n

Huh?<\/b> Problems created by economic crises in EMs often cause considerable political and social instability. This is unlike advanced economies, which until the 2008 financial crisis were relatively adept at ensuring that economic turbulence didn\u2019t affect the political status quo. Since 2008, though, developed countries have followed a path that more closely resembles emerging markets. Many countries have seen a fundamental change in political direction, while the efficacy of institutions has slowly eroded amid falling public trust.<\/p>\n

Draghi\u2019s short-term policy prescriptions are another step in this direction:<\/b> The ECB\u2019s willingness to fall back on increasingly ineffective short-term stimulus measures will only exacerbate problems that lie further down the road. \u201cSuch measures are developing deeper socio-political roots that render incremental reforms harder to enact, taking economies ever closer to cliff-like conditions involving the threat of accelerating economic and financial weakness in the absence of \u2018big bang\u2019 reforms,\u201d El Erian says.<\/p>\n

Exhibit A:<\/b> Draghi\u2019s dovish tone sent the value of the negative-yielding bond market to record highs of USD 12.5 tn yesterday, the FT reports<\/a>.<\/p>\n

\n

Investors are making it rain for private equity:<\/b> European private equity groups are looking to cash in on record investor demand and raise bns in funds before market conditions weaken, the FT says<\/a>. CVC Capital Partners is targeting a record EUR 18 bn fund, while Swedish EQT expects to raise a record flagship fund of around EUR 14 bn next year.<\/p>\n

Demand for private equity is going through the roof<\/b> as investors search for returns amid a low interest rate environment. \u201cThere is a wall of cash desperate to be assigned to a private equity fund,\u201d Ludovic Phalippou, professor of finance at Oxford Said Business School.<\/p>\n

Just don\u2019t expect prospective limited partners to have much appetite for MENA <\/b>after the implosion of Abraaj\u2026<\/p>\n

\n

You\u2019re going to want to show this one to your employer:<\/b> We should only be working eight hours per week (yes, per week \u2014 not per day) for good mental health, researchers from the University of Cambridge and the University of Salford have said after examining more than 71k employees in the UK. CNBC has the story<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote. Pharos Holding\u2019s annual investor conference (pdf) wraps up today in El Gouna. The two-day event brought together investors, IPO prospects and more than 40 […]<\/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":[7204],"tags":[279,72,2403,349,724,758,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599173","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-budget-watch","tag-enterpriseam","tag-global-economy","tag-interest-rates","tag-monetary-policy","tag-private-equity","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9b0c8caa-c4ee-416e-9475-4d646dc6719b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599171],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 20 June 2018 - 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\/06\/20\/what-were-tracking-on-20-june-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking on 20 June 2018\" \/>\n<meta property=\"og:description\" content=\"Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote. Pharos Holding\u2019s annual investor conference (pdf) wraps up today in El Gouna. The two-day event brought together investors, IPO prospects and more than 40 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-20T04:04:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2019\/6\/1714.jpg\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 20 June 2018\",\"datePublished\":\"2019-06-20T04:04:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\"},\"wordCount\":744,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/6\/1714.jpg\",\"keywords\":[\"budget watch\",\"EnterpriseAM\",\"global economy\",\"interest rates\",\"monetary policy\",\"private equity\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\",\"name\":\"What we\u2019re tracking on 20 June 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/6\/1714.jpg\",\"datePublished\":\"2019-06-20T04:04:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2019\/6\/1714.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2019\/6\/1714.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What we\u2019re tracking on 20 June 2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What we\u2019re tracking on 20 June 2018 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/","og_locale":"en_US","og_type":"article","og_title":"What we\u2019re tracking on 20 June 2018","og_description":"Expect the FY2019-2020 budget debate to dominate the headlines next week. The House of Representatives general assembly will reconvene on Saturday to conclude debate of the FY2019-2020 budget before a vote. Pharos Holding\u2019s annual investor conference (pdf) wraps up today in El Gouna. The two-day event brought together investors, IPO prospects and more than 40 […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-06-20T04:04:34+00:00","og_image":[{"url":"https:\/\/ent.news\/2019\/6\/1714.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What we\u2019re tracking on 20 June 2018","datePublished":"2019-06-20T04:04:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/"},"wordCount":744,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/6\/1714.jpg","keywords":["budget watch","EnterpriseAM","global economy","interest rates","monetary policy","private equity","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/","name":"What we\u2019re tracking on 20 June 2018 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/6\/1714.jpg","datePublished":"2019-06-20T04:04:34+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#primaryimage","url":"https:\/\/ent.news\/2019\/6\/1714.jpg","contentUrl":"https:\/\/ent.news\/2019\/6\/1714.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-were-tracking-on-20-june-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What we\u2019re tracking on 20 June 2018"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":599034,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/what-were-tracking-on-17-june-2019\/","url_meta":{"origin":599173,"position":0},"title":"What we\u2019re tracking on 17 June 2019.","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"We\u2019re particularly happy to kick off this morning\u2019s Speed Round with a run of investment and M&A news. Domestic and cross border, big ticket and small \u2014 there\u2019s no better way to start your day. It\u2019s shaping up to be a tech-heavy week: Fintech and ecommerce conference Seamless North Africa\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595343,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/finance-ministry-publishes-fy2019-2020-citizen-budget\/","url_meta":{"origin":599173,"position":1},"title":"Finance Ministry publishes FY2019-2020 citizen budget","author":"enterpriseam admin","date":"23 September 2019","format":false,"excerpt":"The Finance Ministry has published the FY2019-2020 citizen budget, an initiative started in 2010 to increase citizen participation in economic policy. The document highlights government spending targets on health, education and social programs contained in the FY2019-2020 budget.","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598779,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/what-were-tracking-on-9-june-2019\/","url_meta":{"origin":599173,"position":2},"title":"What we\u2019re tracking on 9 June 2019","author":"enterpriseam admin","date":"9 June 2019","format":false,"excerpt":"Not a lot happened over the Eid vacation, and it\u2019s just as well: Plenty of us here at Enterprise are still grumbling over having been trolled on what conventional wisdom (and basic astronomy) had penciled in as the last day of Ramadan. Get ready for a busy news cycle: We\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596557,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/el-sisi-ratifies-egypts-fy2019-2020-budget\/","url_meta":{"origin":599173,"position":3},"title":"El Sisi ratifies Egypt\u2019s FY2019-2020 budget","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"President Abdel Fattah El Sisi ratified the FY2019-2020 state budget, according to the Official Gazette. The House of Representatives had passed the budget last week.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"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":599173,"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. 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":599181,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/house-committee-approves-fy2019-2020-draft-budget\/","url_meta":{"origin":599173,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599173","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=599173"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599173\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599171"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599173"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599173"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}