state budget
Ministry examines how to finance budget
Business
July 3, 2011
Ministry examines how to finance budget
Officials from the Finance Ministry held meetings over the past two days to examine ways of financing the state budget…
Govt to reduce petroleum subsidies
Business
July 1, 2011
Govt to reduce petroleum subsidies
The Petroleum and Solidarity and Social Justice ministries are scheduled to begin reducing petroleum product subsidies in July. The plan…
IMF to discuss Egypt’s budget amendments
Business
June 25, 2011
IMF to discuss Egypt’s budget amendments
Egypt told the International Monetary Fund (IMF) that it plans to amend the state budget for the new financial year,…
Finance Ministry to allocate LE13.5 bn to EGPC
Business
June 5, 2011
Finance Ministry to allocate LE13.5 bn to EGPC
The Finance Ministry has earmarked LE13.5 billion for the Egyptian General Petroleum Corporation (EGPC) in the new state budget to…
IMF welcomes Egypt budget reforms, businessmen skeptical
Business
June 4, 2011
IMF welcomes Egypt budget reforms, businessmen skeptical
The International Monetary Fund (IMF) welcomed the social reforms announced by the Egyptian government as part of the state budget…
No new government jobs for fresh graduates
Business
May 17, 2011
No new government jobs for fresh graduates
The Finance Ministry on Tuesday announced that the government will not be offering new jobs to fresh university graduates, a…
Egypt’s capital expenditure budget set at LE509 billion
Business
May 5, 2011
Egypt’s capital expenditure budget set at LE509 billion
Egypt's capital expenditure budget for the fiscal year 2011/2012 has been set at LE509.3, exceeding the budget for 2010/2011 by…
Finance ministry to present budget before end of March
Business
March 29, 2011
Finance ministry to present budget before end of March
The Finance Ministry has completed the projected state budget for the 2011/2012 fiscal year, and will present it to the…
Parliament requests explanation for rise in number of govt employees
Business
January 17, 2011
Parliament requests explanation for rise in number of govt employees
Parliament’s planning and budget committee asked the government this week
Global financial crisis delays slashing of Egyptian budget deficit
Business
December 21, 2010
Global financial crisis delays slashing of Egyptian budget deficit
The international financial crisis will prevent regulatory officials from cutting Egypt's budget deficit to the targeted 3 percent in 2011,…