{"id":648986,"date":"2017-04-19T03:59:48","date_gmt":"2017-04-19T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/on-the-horizon-235\/"},"modified":"2017-04-19T03:59:48","modified_gmt":"2017-04-19T03:59:48","slug":"on-the-horizon-235","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/on-the-horizon-235\/","title":{"rendered":"On the horizon"},"content":{"rendered":"

The House of Representatives\u2019 Planning and Budget Committee is scheduled to begin <\/strong>discussing the FY2017-18 state budget mid-next week<\/strong>. Finance Minister Amr El Garhy and Planning Minister Hala El Said will brief the MPs on the budget bill, committee chairman Yasser Omar said, according to Al Borsa<\/a>. Omar says the committee was expecting to begin its discussions this week, but has yet to receive the draft budget and is still discussing the final accounts for the current fiscal year. El Garhy assured President Abdel Fattah El Sisi on Tuesday that the government\u2019s fiscal reforms will not affect social welfare program instead will see a 30% rise in spending on food subsidies and a 50% increase in total spending on social welfare programs, according to a statement<\/a> from Ittihadiya.<\/p>\n

This comes as more details of the budget are emerging,including a report that the <\/strong>government anticipates tax revenues from the oil and gas sector to rise 37.7% to EGP 44 bn<\/strong>, an official from the EGPC tells Al Shorouk<\/a>. The source attributes this to rising fuel prices, new investments expected to reach USD 10 bn this year, and impact of devaluation.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives\u2019 Planning and Budget Committee is scheduled to begin discussing the FY2017-18 state budget mid-next week. Finance Minister Amr El Garhy and Planning Minister Hala El Said will brief the MPs on the budget bill, committee chairman Yasser Omar said, according to Al Borsa. Omar says the committee was expecting to begin […]<\/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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648986","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"8da62d0d-aa0a-4949-8852-619b47999c39","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648981],"teaser":"","voice_url":""},"yoast_head":"\nOn the horizon - 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\/04\/19\/on-the-horizon-235\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives\u2019 Planning and Budget Committee is scheduled to begin discussing the FY2017-18 state budget mid-next week. Finance Minister Amr El Garhy and Planning Minister Hala El Said will brief the MPs on the budget bill, committee chairman Yasser Omar said, according to Al Borsa. 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This should come to around EGP 40 bn, he told President Abdel Fattah El Sisi and\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":630230,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/budget-debate-officially-kicks-off-at-the-house\/","url_meta":{"origin":648986,"position":1},"title":"Budget debate officially kicks off at the House","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"BUDGET WATCH- House budget debate leaks to Twitter overnight: Previously unreleased figures for the FY2018-19 budget, including details on subsidy cuts and health and education spending, were posted to Twitter overnight courtesy of House of Representative Budget Committee member MP Heytham El Hariri. The numbers El Hariri tweeted vary widely\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":630028,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/budget-discussions-at-the-house-start-ahead-of-schedule\/","url_meta":{"origin":648986,"position":2},"title":"Budget discussions at the House start ahead of schedule","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"BUDGET WATCH- Discussions on the FY2018-19 budget plan in the House of Representatives began almost a week ahead of schedule as the House Budget Committee kicked off its deliberations on Sunday, according to Al Mal. From what we\u2019re seeing, the committee appears to view the bill favorably. Committee chair Hussein\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":647354,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/budget-discussions-kick-off-at-the-house\/","url_meta":{"origin":648986,"position":3},"title":"Budget discussions kick-off at the House","author":"enterpriseam admin","date":"9 May 2017","format":false,"excerpt":"Finance and planning ministers talk FY2017-18 budget with the House: House of Speaker Ali Abdel Aal referred the Ismail government\u2019s proposed FY2017-18 budget to the House Budget Committee after Finance Minister Amr El Garhy and Planning Minister Hala El Said briefed MPs on the spending bill yesterday, Ahram Gate reports.\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":649156,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/what-were-tracking-this-week-193\/","url_meta":{"origin":648986,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"24 April 2017","format":false,"excerpt":"The House Planning and Budget Committee is scheduled to begin its discussion of the\u00a0FY2017-18 state budget\u00a0later this week. 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The Ismail government spent the long weekend promoting its social welfare spending as it prepares to sell the House of Representatives on its\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\/648986","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=648986"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648986\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648981"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648986"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648986"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}