Ministry of Finance

Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business

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…
Egypt’s Ministry of Finance frees customs dollar exchange rate
Economy

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

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

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

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

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

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

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

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…
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