Ministry of Finance
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business
September 4, 2019
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…
Commodity prices to remain stable despite newly announced adherence to CBE dollar exchange rates: investors
Business
September 3, 2019
Commodity prices to remain stable despite newly announced adherence to CBE dollar exchange rates: investors
Egyptian traders and investors said on Tuesday that the prices of commodities will not change in the wake of the…
Egypt’s Ministry of Finance frees customs dollar exchange rate
Economy
September 2, 2019
Egypt’s Ministry of Finance frees customs dollar exchange rate
Egypt’s Ministry of Finance has freed the customs exchange price of the dollar on all kinds of imports subject to…
Egyptian Finance Ministry drafting new tax law
Business
July 30, 2019
Egyptian Finance Ministry drafting new tax law
Egyptian Finance Minister Mohamed Maait said on Monday that his ministry has started drafting a new law on income tax…
Suez Canal Authority records highest transfer to State Treasury in its history
Egypt
June 9, 2019
Suez Canal Authority records highest transfer to State Treasury in its history
The Ministry of Finance announced that the Suez Canal Authority has recorded its highest transfer rate towards the State Treasury…
Egypt expects IMF loan final tranche in July – deputy finance minister
Economy
May 8, 2019
Egypt expects IMF loan final tranche in July – deputy finance minister
CAIRO, May 7 (Reuters) – Egypt expects, in principle, to receive the final tranche of about $2 billion of its…
Egypt’s government denies price increase for tobacco products
Egypt
December 4, 2018
Egypt’s government denies price increase for tobacco products
The government denied price increases for local tobacco products, after checking the facts on the increase of cigarette prices…
Egyptian officials deny supposed taxes on iPhone users or on burials
Egypt
June 20, 2018
Egyptian officials deny supposed taxes on iPhone users or on burials
Egypt’s Minister of Finance Mohamed Moait on Tuesday denied posts on social media claiming that his Ministry is planning…
Government to receive $2 billion from IMF in July: Minister
Business
June 19, 2018
Government to receive $2 billion from IMF in July: Minister
Minister of Finance Mohammed Maet announced on Monday that Egypt would receive the fourth tranche of the International Monetary…
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Economy
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…