{"id":646293,"date":"2017-06-11T04:13:44","date_gmt":"2017-06-11T04:13:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/foreign-investments-in-t-bills-fdi-up-budget-deficit-down-kouchouk-nasr\/"},"modified":"2017-06-11T04:13:44","modified_gmt":"2017-06-11T04:13:44","slug":"foreign-investments-in-t-bills-fdi-up-budget-deficit-down-kouchouk-nasr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/foreign-investments-in-t-bills-fdi-up-budget-deficit-down-kouchouk-nasr\/","title":{"rendered":"Foreign investments in T-bills, FDI up, budget deficit down - Kouchouk, Nasr"},"content":{"rendered":"

Foreign investment in Egypt\u2019s debt market climbed to USD 8.4 bn since the EGP float, Vice Minister of Finance Ahmed Kouchouk tells Reuters<\/a>. 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<\/a>. This comes as Egypt managed to attract USD 6.8 bn in foreign direct investment from January to April 2017, Investment and International Cooperation Minister Sahar Nasr said, according to a ministry statement<\/a>. Separately, Egypt\u2019s primary budget deficit for the current fiscal year is expected to stand at EGP 60 bn in FY2016-17, coming in at around 1.7-1.8% of total GDP, according to Vice Minister of Finance Ahmed Kouchouk, AMAY reports<\/a>. This figure is down from 3.6% last year and an average of 6% in previous years, Kouchouk adds. The government is looking to turn things and is targeting a surplus of EGP 11 bn in FY2017-18 \u2014 around 0.3% of GDP, according to the budget<\/a> draft.<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign investment in Egypt\u2019s debt market climbed to USD 8.4 bn since the EGP float, Vice Minister of Finance Ahmed Kouchouk tells Reuters. 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 comes as Egypt managed to […]<\/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-646293","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6c5384cf-e5ac-4b63-a7eb-b38c26906b71","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646255],"teaser":"","voice_url":""},"yoast_head":"\nForeign investments in T-bills, FDI up, budget deficit down - Kouchouk, Nasr - 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\/06\/11\/foreign-investments-in-t-bills-fdi-up-budget-deficit-down-kouchouk-nasr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign investments in T-bills, FDI up, budget deficit down - Kouchouk, Nasr\" \/>\n<meta property=\"og:description\" content=\"Foreign investment in Egypt\u2019s debt market climbed to USD 8.4 bn since the EGP float, Vice Minister of Finance Ahmed Kouchouk tells Reuters. 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The budget deficit recorded 8.2% of GDP, or EGP 431 bn, falling below the government\u2019s target of 8.4% for\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":549030,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/egypts-first-ever-panda-bond-issuance-could-take-place-before-the-end-of-the-year\/","url_meta":{"origin":646293,"position":3},"title":"Egypt\u2019s first-ever Panda bond issuance could take place before the end of the year","author":"enterpriseam admin","date":"31 August 2022","format":false,"excerpt":"Maiden Panda bond sale coming this year? 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The increase in inflows is in contrast with the USD 1 bn\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646293","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=646293"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646293\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646255"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646293"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646293"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}