{"id":630952,"date":"2018-03-06T04:15:21","date_gmt":"2018-03-06T04:15:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/"},"modified":"2018-03-06T04:15:21","modified_gmt":"2018-03-06T04:15:21","slug":"finance-minister-presents-initial-outline-for-fy2018-19-state-budget","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/","title":{"rendered":"Finance Minister presents initial outline for FY2018\/19 state budget"},"content":{"rendered":"<p><strong>The Finance Ministry is targeting a budget deficit of between 8.5 and 8.8% of GDP in FY2018-19<\/strong>, according to an initial outline Minister Amr El Garhy presented to Prime Minister Sherif Ismail yesterday, <a href=\"http:\/\/www.youm7.com\/story\/2018\/3\/5\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%86%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%AE%D9%81%D8%B6-%D8%A7%D9%84%D8%B9%D8%AC%D8%B2-%D8%A7%D9%84%D9%83%D9%84%D9%89-%D8%A8%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%85%D9%86-8\/3680414\">Youm7 reports<\/a>. The ministry is also hoping to achieve a primary surplus of 1.8-2%. El Garhy also said that Egypt\u2019s GDP growth is projected to reach 5.5% in FY2018-19, <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFB1N1N8019\">Reuters reports<\/a>. The ministry will present the draft budget to the House of Representatives on 31 March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry is targeting a budget deficit of between 8.5 and 8.8% of GDP in FY2018-19, according to an initial outline Minister Amr El Garhy presented to Prime Minister Sherif Ismail yesterday, Youm7 reports. The ministry is also hoping to achieve a primary surplus of 1.8-2%. El Garhy also said that Egypt\u2019s GDP growth [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630952","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f679ca34-1f66-4f0d-bc4b-85353f172aa8","order":"0","is_powered_by":true,"section_story_id":"671268d0-8d1e-47d7-ab91-439d9ff35cc6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630944],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Finance Minister presents initial outline for FY2018\/19 state budget - 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\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Minister presents initial outline for FY2018\/19 state budget\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry is targeting a budget deficit of between 8.5 and 8.8% of GDP in FY2018-19, according to an initial outline Minister Amr El Garhy presented to Prime Minister Sherif Ismail yesterday, Youm7 reports. The ministry is also hoping to achieve a primary surplus of 1.8-2%. El Garhy also said that Egypt\u2019s GDP growth [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-06T04:15:21+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Minister presents initial outline for FY2018\/19 state budget\",\"datePublished\":\"2018-03-06T04:15:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/finance-minister-presents-initial-outline-for-fy2018-19-state-budget\/\",\"name\":\"Finance Minister presents initial outline for FY2018\/19 state budget - 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The ministry is targeting GDP growth of 5.5% for the fiscal year and will look\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631436,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/ismail-cabinet-approves-state-budget-for-fy2018-19\/","url_meta":{"origin":630952,"position":1},"title":"Ismail cabinet approves state budget for FY2018-19","author":"enterpriseam admin","date":"19 March 2018","format":false,"excerpt":"The Ismail cabinet approved the state budget for FY2018-19, which targets GDP growth of 5.8%, up from 5.2% in the current fiscal year. The budget also targets a deficit of 8.4% of GDP, according to a statement from the cabinet. The goal is to bring Egypt\u2019s finances to a primary\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631886,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/pm-receives-fy2018-19-budget-for-review-before-shipping-it-off-to-the-house-by-31-march\/","url_meta":{"origin":630952,"position":2},"title":"PM receives FY2018-19 budget for review before shipping it off to the House by 31 March","author":"enterpriseam admin","date":"29 March 2018","format":false,"excerpt":"BUDGET WATCH- New state budget with prime minister, due to House on Saturday: The Finance Ministry handed the state\u2019s FY2018-19 budget over to Prime Minister Sherif Ismail yesterday for review before it\u2019s sent to the House of Representatives on Saturday, 31 March. As we noted on Monday, the budget includes\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":597714,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/govt-revises-downwards-fy2018-19-growth-forecast-to-5-6\/","url_meta":{"origin":630952,"position":3},"title":"Gov\u2019t revises downwards FY2018-19 growth forecast to 5.6%","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"EXCLUSIVE- FinMin revises FY2018-2019 growth forecast to 5.6%: The Finance Ministry has revised downwards its growth forecast for FY2018-2019 to 5.6%, down from 5.8% previously, according to an official document seen by Enterprise. The budget deficit declined during the first nine months of the fiscal year to 5.3%, compared to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628524,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/07\/finance-ministry-plans-to-trim-egypts-public-debt-to-80-of-gdp-by-2020-el-garhy\/","url_meta":{"origin":630952,"position":4},"title":"Finance Ministry plans to trim Egypt\u2019s public debt to 80% of GDP by 2020 -El Garhy","author":"enterpriseam admin","date":"7 May 2018","format":false,"excerpt":"The Finance Ministry is working on a medium-term plan to trim Egypt\u2019s public debt to 80% of GDP by 2020, down from 107-108% during FY2016-17, Finance Minister Amr El Garhy said yesterday, according to a ministry statement. Speaking during the second day of the IMF and Central Bank of Egypt\u2019s\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":630174,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/","url_meta":{"origin":630952,"position":5},"title":"Gov\u2019t budget bridging is out, sees inflation dropping to low of 10% in FY2018-19","author":"enterpriseam admin","date":"15 April 2018","format":false,"excerpt":"BUDGET WATCH- Government sees inflation dropping to low of 10% in FY2018-19: The Finance Ministry issued its pre-budget report for FY2018-19 on Friday (pdf) in which it outlines the broad strokes of the budget and its priorities for the economy and public spending. The government is predicting that inflation will\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/630952","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=630952"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630952\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630944"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630952"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630952"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}