{"id":650453,"date":"2017-03-23T04:12:44","date_gmt":"2017-03-23T04:12:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/"},"modified":"2017-03-23T04:12:44","modified_gmt":"2017-03-23T04:12:44","slug":"finance-ministry-to-amend-fy2016-17-budget-to-account-for-float","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/","title":{"rendered":"Finance Ministry to amend FY2016-17 budget to account for float"},"content":{"rendered":"<p>The Finance Ministry plans to amend the FY2016-17 budget to account for additional expenditures incurred as a result of the EGP float last November, Deputy Finance Minister Mohamed Maait tells <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/22\/998582\">Al Borsa<\/a>. State census bureau <a href=\"https:\/\/twitter.com\/CAPMAS_EG\/status\/844655717743296516\">CAPMAS<\/a> issued the new amended figures for the first quarter, putting Egypt\u2019s GDP EGP 841.6 bn at the current exchange rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry plans to amend the FY2016-17 budget to account for additional expenditures incurred as a result of the EGP float last November, Deputy Finance Minister Mohamed Maait tells Al Borsa. State census bureau CAPMAS issued the new amended figures for the first quarter, putting Egypt\u2019s GDP EGP 841.6 bn at the current exchange [&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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650453","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a50ee841-d6d5-4ee6-bcc5-f752023f8fab","order":"0","is_powered_by":true,"section_story_id":"dae58e2b-9345-42b1-84c1-f0573687c1ba","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650409],"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 Ministry to amend FY2016-17 budget to account for float - 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\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry to amend FY2016-17 budget to account for float\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry plans to amend the FY2016-17 budget to account for additional expenditures incurred as a result of the EGP float last November, Deputy Finance Minister Mohamed Maait tells Al Borsa. State census bureau CAPMAS issued the new amended figures for the first quarter, putting Egypt\u2019s GDP EGP 841.6 bn at the current exchange [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-23T04:12:44+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\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry to amend FY2016-17 budget to account for float\",\"datePublished\":\"2017-03-23T04:12:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\"},\"wordCount\":68,\"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\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/finance-ministry-to-amend-fy2016-17-budget-to-account-for-float\/\",\"name\":\"Finance Ministry to amend FY2016-17 budget to account for float - 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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. 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Revenues had reached EGP 433 bn in FY2016-17, marking\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","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":648403,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/finance-ministry-collects-egp-238-bn-in-taxes-during-first-nine-months-of-fy2016-17-el-monayer\/","url_meta":{"origin":650453,"position":2},"title":"Finance Ministry collects EGP 238 bn in taxes during first nine months of FY2016-17 -El Monayer","author":"enterpriseam admin","date":"3 April 2017","format":false,"excerpt":"The Egyptian treasury\u2019s tax haul rose 27% in 9M2016-17, with total receipts ringing in at EGP 238 bn,Deputy Finance Minister Amr El Monayer said, Al Borsa reports. The Finance Ministry is currently working to amend regulations and procedures for late tax payments, according to El Monayer. The government is targeting\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":651574,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/finance-ministry-earmarks-egp-500-mn-for-supply-commodities\/","url_meta":{"origin":650453,"position":3},"title":"Finance Ministry earmarks EGP 500 mn for supply commodities","author":"enterpriseam admin","date":"15 February 2017","format":false,"excerpt":"The Finance Ministry has earmarked an additional EGP 500 mn for supply commodities and bread points to offset rising costs from the EGP float in November, Deputy Finance Minister Mohamed Maait told Al Mal. The increase brings the total allocated funds towards supply commodities up to EGP 2.2 bn from\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","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":640907,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/tax-revenues-for-fy2016-17-exceed-targets-for-the-first-time-ever-by-c-33\/","url_meta":{"origin":650453,"position":4},"title":"Tax revenues for FY2016-17 exceed targets for the first time ever by c. 33%","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"Tax revenues for FY2016-17 exceed targets for the first time ever by around a third: Egypt exceeded its targeted tax revenues for the first time ever in FY2016-17 by as much as 33%, Finance Minister Amr El Garhy said on Wednesday, confirming what Vice Minister of Finance Amr El Monayer\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":653107,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/","url_meta":{"origin":650453,"position":5},"title":"No EGP 32.5 mn missing from state coffers -Finance Ministry","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"The Finance Ministry issued a statement denying rumors that EGP 32.5 mn have gone missing from the state coffers from the final balance of FY2014-15. 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