{"id":653107,"date":"2017-01-29T05:50:47","date_gmt":"2017-01-29T05:50:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/"},"modified":"2017-01-29T05:50:47","modified_gmt":"2017-01-29T05:50:47","slug":"no-egp-32-5-mn-missing-from-state-coffers-finance-ministry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/","title":{"rendered":"No EGP 32.5 mn missing from state coffers -Finance Ministry"},"content":{"rendered":"

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. The entire amount is held at the central bank, the Ministry says<\/a>. The amounts, in accordance to law, were added to the central bank\u2019s reserves in foreign currency equivalent and held in EGP for the Ministry in a temporary account used in spending to support plugging the state\u2019s budget deficits. The Ministry said the funds were used over multiple years to spread their impact as EGP 20.3 bn were used to cover the deficit in FY2013-14, EGP 7.1 bn in FY2014-15, EGP 2.3 bn in FY2015-16, and the same policy will continue to be adopted in the current fiscal year. The Finance Ministry added that this helps reduce the government\u2019s debt burden and improves its creditworthiness.<\/p>\n","protected":false},"excerpt":{"rendered":"

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. The entire amount is held at the central bank, the Ministry says. The amounts, in accordance to law, were added to the central bank\u2019s reserves in foreign currency equivalent and […]<\/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-653107","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"500de153-6394-425d-87bb-9bedd873211f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[653062],"teaser":"","voice_url":""},"yoast_head":"\nNo EGP 32.5 mn missing from state coffers -Finance Ministry - 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\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No EGP 32.5 mn missing from state coffers -Finance Ministry\" \/>\n<meta property=\"og:description\" content=\"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. The entire amount is held at the central bank, the Ministry says. The amounts, in accordance to law, were added to the central bank\u2019s reserves in foreign currency equivalent and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-29T05:50:47+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"No EGP 32.5 mn missing from state coffers -Finance Ministry\",\"datePublished\":\"2017-01-29T05:50:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\"},\"wordCount\":153,\"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\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/\",\"name\":\"No EGP 32.5 mn missing from state coffers -Finance Ministry - 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Revenues had reached EGP 433 bn in FY2016-17, marking\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":597866,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/education-ministry-wants-to-squeeze-state-coffers-for-an-additional-egp-11-bn-in-fy2019-20\/","url_meta":{"origin":653107,"position":3},"title":"Education Ministry wants to squeeze state coffers for an additional EGP 11 bn in FY2019-20","author":"enterpriseam admin","date":"7 May 2019","format":false,"excerpt":"BUDGET WATCH- Let the horse-trading begin: The Education Ministry wants an additional EGP 11 bn in FY2019-20 budget. The annual public jockeying to increase the government\u2019s budgetary earmarks for education has begun, with the Education Ministry asking the Finance Ministry for an additional EGP 11 bn, House Planning and Budgeting\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":626441,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/tax-authority-settles-egp-16-bn-in-tax-disputes-under-tax-dispute-resolution-act\/","url_meta":{"origin":653107,"position":4},"title":"Tax Authority settles EGP 16 bn in tax disputes under Tax Dispute Resolution Act","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"The Tax Authority has settled EGP 16 bn-worth of disputes since the Tax Dispute resolution Act was passed in 2016, deputy head Mohamed Abdel Sattar said on Thursday, Al Masry Al Youm reports. 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State census bureau CAPMAS issued the new amended figures for the first quarter, putting Egypt\u2019s GDP EGP 841.6\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\/653107","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=653107"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/653107\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/653062"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=653107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=653107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=653107"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=653107"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=653107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}