state budget deficit
Finance Ministry offers LE5.5 bn in treasury bills
Business
February 10, 2013
Finance Ministry offers LE5.5 bn in treasury bills
The Finance Ministry announced an offering of treasury bills worth LE5.5 billion Sunday, in the government's newest move to abate…
Faced with Microsoft’s cost, government looks to open-source software
Business
February 7, 2013
Faced with Microsoft’s cost, government looks to open-source software
As the government struggles to make ends meet, figures both in and outside the government are saying the country could…
Lifting subsidies, without impoverishing the people
Business
January 3, 2013
Lifting subsidies, without impoverishing the people
As the Egyptian government comes to terms with its dwindling funds and struggles to navigate a worsening financial crisis, the…
FJP leader: No disagreements with govt on IMF loan
Business
October 31, 2012
FJP leader: No disagreements with govt on IMF loan
There are no disagreements over the proposed IMF loan between the Freedom and Justice Party and the government, the head…
PM discusses elections, budget deficit with military council
Egypt
December 24, 2011
PM discusses elections, budget deficit with military council
Prime Minister Kamal al-Ganzouri met with members of the Supreme Council of the Armed Forces (SCAF) on Saturday to discuss…
Finance minister: Budget deficit at 9.4% of GDP in 2011/12
Business
May 2, 2011
Finance minister: Budget deficit at 9.4% of GDP in 2011/12
Egypt's state budget deficit, bloated after political turmoil rocked the economy, is forecast to widen to 9.38 percent of gross…