{"id":628128,"date":"2018-06-26T04:22:13","date_gmt":"2018-06-26T04:22:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/what-were-tracking-this-week-13\/"},"modified":"2018-06-26T04:22:13","modified_gmt":"2018-06-26T04:22:13","slug":"what-were-tracking-this-week-13","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/what-were-tracking-this-week-13\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"

The Finance Ministry will present the House with a report on the government\u2019s \u2018private accounts\u2019 (or slush funds, as we prefer to see them) in two days\u2019 time<\/strong>, Minister Mohamed Maait said yesterday, Al Masry Al Youm reports<\/a>. The ministry is currently putting together a list of all private accounts and details on their cashflows to present to House representatives, who renewed their calls for greater oversight of the unpopular funds after it was revealed<\/a> that a private fund belonging to the Cairo Governorate recorded a surplus of EGP 140 mn. Former finance minister Amr El Garhy had said that provisions to regulate private accounts could be included in a bill that is currently being reviewed by the House Budgeting Committee.<\/p>\n

A shuffle of governors could be announced by the end of this week<\/strong>, Al Shorouk reports<\/a>. Prime Minister Mostafa Madbouly has given a preliminary outline of the shuffle to President Abdel Fattah El-Sisi and Local Development Minister Mahmoud Shaarawy.<\/p>\n

Next tranche of IMF loan in July?<\/strong> The IMF\u2019s executive board will meet on 29 June to decide on the fourth USD 2 bn tranche of Egypt\u2019s USD 12 bn extended fund facility. The disbursement, which is expected to arrive in July, would bring the total amount Egypt has received under the facility to USD 8 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Ministry will present the House with a report on the government\u2019s \u2018private accounts\u2019 (or slush funds, as we prefer to see them) in two days\u2019 time, Minister Mohamed Maait said yesterday, Al Masry Al Youm reports. The ministry is currently putting together a list of all private accounts and details on their cashflows […]<\/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":[9490],"tags":[72,9489],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628128","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-this-week","tag-enterpriseam","tag-what-were-tracking-this-week","wpautop","entry"],"acf":{"mongo_id":"3525ca6a-7487-44bd-9a75-e561ec352e17","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[628124],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking this week - 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\/2018\/06\/26\/what-were-tracking-this-week-13\/\" \/>\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 this week\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry will present the House with a report on the government\u2019s \u2018private accounts\u2019 (or slush funds, as we prefer to see them) in two days\u2019 time, Minister Mohamed Maait said yesterday, Al Masry Al Youm reports. 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The 1 mn sqm zone is expected to see as much as USD 40 mn\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647522,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/what-were-tracking-this-week-175\/","url_meta":{"origin":628128,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"The House Budget Committee will begin its deliberations on the 2017-18 state budget\u00a0tomorrow, MP Yasser Omar tells Al Borsa. The ministers of finance and planning should be present for the session. The Finance Ministry is expected to send a report on the country\u2019s \u201cprivate funds\u201d (which have been criticized for\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651347,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/09\/parliament-complaints-of-lack-of-cooperation-from-government-agencies-over-private-funds\/","url_meta":{"origin":628128,"position":2},"title":"Parliament complaints of lack of cooperation from government agencies over private funds","author":"enterpriseam admin","date":"9 February 2017","format":false,"excerpt":"Some government bodies have apparently been refusing to disclose the accounts on their private funds \u2014 which are not part of the budget and have gained the reputation for being slush funds \u2014 to the House of Representatives, parliamentary sources tell Al Borsa. The Finance Ministry was supposed to send\u2026","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":646259,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/what-were-tracking-this-week-166\/","url_meta":{"origin":628128,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"It\u2019s looking set to be a busy week on the legislative and regulatory fronts:The stamp tax on capital market transactions could come into effect this week, an unnamed senior Finance Ministry official tells Youm7. The levyawaits approval by the president and publication in the Official Gazette once the executive regulations\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647573,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/what-were-tracking-on-15-may-2017\/","url_meta":{"origin":628128,"position":4},"title":"What we\u2019re tracking on 15 May 2017","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"Is yours one of the 1.3 mn computers believed to still be vulnerable to WannaCry, the ransomware infection that swept the globe over the weekend? The Financial Times reports that British intelligence has warned businesses must brace themselves for \u201cfurther cyber-attacks this week on a potentially \u2018significant scale.\u2019\u201d Some 10k\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":638778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/what-were-tracking-this-week-113\/","url_meta":{"origin":628128,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"Our friends at AmCham and EFG Hermes will host a special lunch in New York for Investment Minister Sahar Nasr and Finance Minister Amr El Garhy on Monday, 16 October. The gathering will feature keynotes from both ministers, according to a statement (pdf). 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