public debt
Italy expects EU budget rejection on Tuesday: source
World
October 22, 2018
Italy expects EU budget rejection on Tuesday: source
MILAN (Reuters) – The Italian government expects the European Commission to decide for the first time ever on Tuesday to…
Egypt’s public debts rise fivefold over past five years
Economy
May 8, 2018
Egypt’s public debts rise fivefold over past five years
Minister of Finance Amr al-Garhi stated on Sunday that the Egyptian government is working on a medium-term plan to cut…
Draft budget expects 5.8% growth rate, decreased budget deficit
Economy
March 29, 2018
Draft budget expects 5.8% growth rate, decreased budget deficit
Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…
Egypt aims at 5.8% GDP growth in 2018/19 budget
Economy
March 24, 2018
Egypt aims at 5.8% GDP growth in 2018/19 budget
Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target…
Prime minister holds press conference on fuel prices hike
Egypt
June 29, 2017
Prime minister holds press conference on fuel prices hike
The government raised the prices of all types of gasoline, natural gas and automotive gas starting Thursday morning, Prime Minister…
Domestic public debt rises to LE3 trillion: CBE
Business
June 8, 2017
Domestic public debt rises to LE3 trillion: CBE
The total domestic public debt has risen to LE3.079 trillion in the period from July to March of the fiscal year…
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Business
March 2, 2017
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Only foreign investment can reduce the burden of public debt because Egyptian investment will not be able to raise growth…
IMF bailout for Egypt seeks major reduction in public debt
Business
November 12, 2016
IMF bailout for Egypt seeks major reduction in public debt
The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egypt
August 13, 2016
After IMF deal, Egypt’s Sisi says will not hesitate on tough reforms
Egyptian President Abdel Fattah al-Sisi said on Saturday he was committed to pushing through the reforms necessary to turn the…
Central Bank: Egypt’s budget deficit shrinks to 12.4% of GDP in 2013/2014
Business
October 2, 2014
Central Bank: Egypt’s budget deficit shrinks to 12.4% of GDP in 2013/2014
Egypt’s overall budget deficit fell to LE253.7 billion or 12.4 percent of GDP in the fiscal year of 2013/2014, from…