state budget
Sisi announces 7 measures aimed at easing economic hardship
Egypt
June 21, 2017
Sisi announces 7 measures aimed at easing economic hardship
Egypt is set to carry out numerous measures to “ease the burdens of the average Egyptian citizen,” President Abdel Fattah…
Parliament’s Education Committee asks government to increase education budget to LE180 bln
Egypt
May 10, 2017
Parliament’s Education Committee asks government to increase education budget to LE180 bln
The Egyptian Parliament’s Education and Scientific Research committee urged the government on Tuesday to increase the LE130 billion allocated to…
Egypt’s budget 2017/2018 exceeds one trillion pounds
Egypt
March 11, 2017
Egypt’s budget 2017/2018 exceeds one trillion pounds
Egypt’s Finance Ministry completed the drafting of the state budget for the next fiscal year 2018/2017, amid extreme secrecy about…
Govt to reduce staffing levels to ease strain in budget
Business
August 16, 2016
Govt to reduce staffing levels to ease strain in budget
Mohamed Meit, Assistant Minister of Finance for the treasury, has announced government plans to streamline employment within the state administrative…
Egypt’s 2015/16 petroleum subsidy spending down 23 percent
Business
August 15, 2016
Egypt’s 2015/16 petroleum subsidy spending down 23 percent
Egypt's spending on petroleum subsidies fell by 23 percent in 2015/16 to 55 billion Egyptian pounds ($6.27 billion), Tarek al-Hadidi,…
Cabinet approves 2016-17 draft budget targeting 5-6% GDP growth
Business
March 31, 2016
Cabinet approves 2016-17 draft budget targeting 5-6% GDP growth
Egypt's government approved on Wednesday a draft state budget for 2016-17, targeting economic growth of 5-6 percent versus 4.4 percent…
Sisi approves 2015/2016 state budget
Egypt
July 3, 2015
Sisi approves 2015/2016 state budget
President Abdel Fattah El Sisi approved on Thursday the state budget for 2015/2016 fiscal year after introducing some amendments meant…
President Sisi to review state budget
Egypt
June 24, 2015
President Sisi to review state budget
Finance Ministry spokesperson Ayman al-Kaffas said the ministry is sending the state budget for the next fiscal year to President…
Al-Sisi: New Suez canal inauguration should not add any burden on state budget
Egypt
May 29, 2015
Al-Sisi: New Suez canal inauguration should not add any burden on state budget
The New Suez Canal inauguration ceremony should not add any extra burden on state budget. The remark was made by President…
Sisi requests budget deficit decreased by LE40 billion for 2015/16
Business
May 10, 2015
Sisi requests budget deficit decreased by LE40 billion for 2015/16
President Abdel Fattah al-Sisi is reviewing the budget for the 2015/16 fiscal year and has requested the deficit be reduced by…