{"id":637320,"date":"2017-11-13T04:11:57","date_gmt":"2017-11-13T04:11:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/"},"modified":"2017-11-13T04:11:57","modified_gmt":"2017-11-13T04:11:57","slug":"govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/","title":{"rendered":"Gov\u2019t raises projection for budget deficit to up to 9.6% of GDP"},"content":{"rendered":"

The government has raised its projections for the FY2017-18 budget deficit to 9.5% or 9.6% of GDP, up from an initial estimate of 9.1%, according to statements by Prime Minister Sherif Ismail on Sunday picked up by Al Borsa<\/a>. No explanation was given to the change in projections.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government has raised its projections for the FY2017-18 budget deficit to 9.5% or 9.6% of GDP, up from an initial estimate of 9.1%, according to statements by Prime Minister Sherif Ismail on Sunday picked up by Al Borsa. No explanation was given to the change in projections.<\/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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637320","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"5a8f4b22-f655-462d-ac0a-c4c750747311","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[637279],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t raises projection for budget deficit to up to 9.6% of GDP - 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\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t raises projection for budget deficit to up to 9.6% of GDP\" \/>\n<meta property=\"og:description\" content=\"The government has raised its projections for the FY2017-18 budget deficit to 9.5% or 9.6% of GDP, up from an initial estimate of 9.1%, according to statements by Prime Minister Sherif Ismail on Sunday picked up by Al Borsa. No explanation was given to the change in projections.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-13T04:11:57+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\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t raises projection for budget deficit to up to 9.6% of GDP\",\"datePublished\":\"2017-11-13T04:11:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\"},\"wordCount\":58,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/govt-raises-projection-for-budget-deficit-to-up-to-9-6-of-gdp\/\",\"name\":\"Gov\u2019t raises projection for budget deficit to up to 9.6% of GDP - 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Foreigners had bought EGP 145.5 bn worth of treasuries on 6 June, according to the Finance Ministry\u2019s head of public debt Sami Khallaf, the newswire adds. This\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":612940,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/04\/a-sneak-peek-of-next-fiscal-years-budget\/","url_meta":{"origin":637320,"position":3},"title":"A sneak peek of next fiscal year\u2019s budget","author":"enterpriseam admin","date":"4 January 2024","format":false,"excerpt":"The government sees the economy growing at a 4.7% clip in the coming fiscal year","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556183,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/egypts-budget-deficit-is-expected-to-narrow-to-6-3-of-gdp-imf\/","url_meta":{"origin":637320,"position":4},"title":"Egypt\u2019s budget deficit is expected to narrow to 6.3% of GDP \u2013IMF","author":"enterpriseam admin","date":"14 October 2021","format":false,"excerpt":"Egypt\u2019s budget deficit is still expected to narrow by the end of the current fiscal year, but will shrink at a slower pace over the next several years than previously expected, the IMF said in its latest Fiscal Monitor Report (pdf). The IMF now sees the budget deficit narrowing to\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/157.jpg?fit=%2C&ssl=1&resize=350%2C200","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":637320,"position":5},"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. 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