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" Budget Deficit"
231 results
Business - Economy
6/21/2013 3:40:27 PM
State budget deficit rises by 50 percent to some LE205 billion – or 11.8 percent of GDP – in first 11 months of current fiscal year, finance ministry reports
Business - Economy
5/30/2013 8:07:56 PM
Budget deficit reaches LE184.8 billion – or 10.6 percent of GDP – in first ten months of current fiscal year, finance ministry reports in latest bulletin
Business - Economy
5/23/2013 3:05:13 PM
In order to reduce state budget deficit to 9.6% of GDP in compliance with IMF loan conditions, govt plans to raise taxes and cut fuel subsidies – both of which are likely to impact Egyptians' daily expenses
Business - Economy
5/22/2013 4:50:00 PM
Advisor to finance minister insists Egypt will implement subsidy reductions – along with other harsh economic reforms – regardless of IMF's loans conditions
Business - Economy
5/21/2013 1:32:25 PM
Latest IMF forecasts on regional economy reveal confidence that Egypt's planned tax and subsidy reforms will translate into more positive numbers in terms of budget deficit
Business - Economy
5/19/2013 8:44:16 PM
Sudan's government wants to sell stakes in four state-owned sugar plants. The state would not completely withdraw from the firm
Business - Economy
5/12/2013 12:49:31 PM
Budget deficit, which surpasses previous estimations, equivalent to 11.5% of GDP
Business - Economy
5/8/2013 6:28:16 PM
Finance Minister Fayad Abdel-Moneim and Planning Minister Amr Darrag stress IMF-mandated economic reform aimed at reducing the budget deficit is an immediate priority
Business - Economy
5/1/2013 6:58:58 PM
The sovereign Islamic bonds law passed by the Shura Council Tuesday is expected to boost economic growth and employment figures, according to Ahmed El-Naggar
Business - Economy
4/23/2013 10:09:05 PM
Finance minister says Egypt's 2012/13 budget deficit may reach as much as 12 percent of national GDP, up from previous forecast of 10.7 percent
Business - Economy
4/15/2013 6:28:14 PM
Budget deficit for coming 2013/14 fiscal year is expected to reach as much as LE197.5 billion, state press reports Monday
Business - Economy
4/10/2013 11:15:15 AM
Egypt might seek to increase its previously-requested $4.8 billion loan from the International Monetary Fund to cover its soaring budget deficit, the planning minister said
Business - Economy
3/24/2013 12:23:56 PM
Finance Minister El-Morsi El-Sayed Hegazy expects a lower budget deficit than initially forecast in 2012/13, predicts Egyptian economy will grow 2.5% in first three months of 2013
Business - Economy
3/13/2013 12:42:43 PM
Balancing budget only possible by cutting essential welfare says the US president
Business - Economy
3/10/2013 4:21:22 PM
Egypt has signed an agreement on US aid worth $190 million, with US Ambassador in Cairo Anne Patterson in attendance
Business - Economy
2/27/2013 7:33:50 PM
Egypt's total budget deficit rises to $17.7 bn from July to January of current fiscal year due to subsidies increases and social benefits expenditures
Business - Economy
2/24/2013 2:42:31 PM
The Central Bank of Egypt hopes to raise LE52.5 billion in bills and bonds by the end of the month as fiscal crisis deepens
Business - Economy
2/23/2013 3:36:33 PM
Credit-rating agency downgrades UK from 'Aaa' to 'Aa1' on weak economic growth and a growing budget deficit
Business - Economy
2/14/2013 3:34:18 PM
An IMF mission is expected to visit Egypt this month to discuss a revised loan deal with the government, although details remain scarce
Business - Economy
2/3/2013 8:34:23 PM
Expenditure increases push Egypt's budget deficit to LE91.5 bn for first half of 2012/13 fiscal year, up from LE73.8 bn for same period the previous year
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