finance minister

Government cuts commodity prices as part of stimulus plan
Business

Government cuts commodity prices as part of stimulus plan

In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Finance minister: Minimum wage rate could have unintended consequences
Business

Finance minister: Minimum wage rate could have unintended consequences

The new minimum wage increase announced by the Prime Minister Hazem al-Beblawy would require raising taxes and could cause unintended consequences to…
Egyptian economy better off than in June according to finance minister
Business

Egyptian economy better off than in June according to finance minister

Finance Minister Ahmed Galal has said Egypt's economic and financial situation has improved since June. Galal pointed to exchange rate stability,…
Egypt’s new finance minister plans stimulus, not austerity
Business

Egypt’s new finance minister plans stimulus, not austerity

Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by improving security…
Egypt’s new finance minister faces daunting task
Egypt

Egypt’s new finance minister faces daunting task

Egypt's new finance minister is a U.S.-educated economist who will need all his training to help pull his country out…
PM Beblawy: No issues regarding cabinet appointments
Egypt

PM Beblawy: No issues regarding cabinet appointments

Prime Minister Hazem al-Beblawy denied news reports that some political figures have declined to take up positions in the new…
Customs revenues hit LE14 billion, says finance minister
Business

Customs revenues hit LE14 billion, says finance minister

Finance Minister Fayyad Abdel Moneim said Monday that customs revenues hit LE14.15 billion between July 2012 and May 2013. LE1.019…
Government to auction off official gifts
Egypt

Government to auction off official gifts

The Ministry of Finance will next week hold a landmark public auction to sell off gifts state officials received from…
Egypt finance minister expects IMF loan before elections
Business

Egypt finance minister expects IMF loan before elections

Finance Minister Morsy Hegazy said Sunday he expected his government to reach an agreement with the International Monetary Fund on…
Cabinet approves Islamic bonds draft law
Business

Cabinet approves Islamic bonds draft law

The Cabinet approved a draft law on Islamic bonds after it was approved by other institutions, Finance Minister Morsy Hegazy…
Back to top button