Last Update 2:44
Friday, 19 January 2018
The total budget deficit for the first half of the current fiscal year fell to 4.4% of GDP from 5% of GDP in the same period last year
The government aims to preserve Egypt’s international reserves at their current level despite its obligations to repay billions of dollars in foreign debt in 2018
Why has neither the Egyptian car industry nor the consumer benefited from the reduction in tariffs on European car imports since 2010
While Egypt’s sugarcane farmers are demanding higher prices, the government says their demands are exaggerated
Egypt’s Minister of Finance El-Garhy said he expects the rate of inflation to drop below 20 percent next month and recede down to 10-12 percent by the end of 2018
The law is expected to improve Egypt's ranking in the World Bank's Doing Business report
In 2017, Egypt repaid around $30 billion in foreign debt
The three projects are set to produce 165.5 megawatts peak
Suburban rail lines account for most of the railway system's financial losses
Egypt is giving more attention to renewable energy projects, especially solar power, as part of government plans to increase its contribution in power generation
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