|
Business
-
Economy
8/20/2023 2:09:59 PM
The Egyptian government has increased allocations to special funds and accounts in governorates, except for Cairo, by 32 percent for the fiscal year 2023/2024, in order to make payroll for state employees, Minister of Finance Mohamed Maait said Sunday.
|
|
Business
-
Economy
8/15/2023 6:27:53 PM
The Central Bank of Egypt (CBE) auctioned EGP 86.25 billion ($2.8 billion) worth of treasury bills and bonds on Tuesday, according to the bank's website.
|
|
Business
-
Economy
8/14/2023 4:27:15 PM
The Central Bank of Egypt (CBE) auctioned €600 million ($656.29 million) worth of treasury bills on Monday, according to the bank's website.
|
|
Business
-
Economy
8/10/2023 4:01:25 PM
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent, Minister of Finance Mohamed Maait stated, according to a Cabinet statement on Thursday.
|
|
World
-
Africa
7/29/2023 8:18:38 PM
France has suspended all development aid and budgetary support to Niger following a military coup against President Mohamed Bazoum, the French foreign ministry said Saturday.
|
|
Al-Ahram Weekly
-
Egypt
7/29/2023 5:26:00 PM
New head of the Egyptian Tax Authority Fayez Al-Dabaani explains plans to achieve Egypt’s targeted tax revenues.
|
|
Business
-
Economy
7/26/2023 2:24:10 PM
The Central Bank of Egypt (CBE) auctioned EGP 83 billion ($2.7 billion) in treasury bills (T-bills) on Tuesday to finance the government's debt, with two maturities available.
|
|
World
-
Region
7/21/2023 6:13:59 PM
Saudi Arabia on Thursday signed agreements with Tunisia to provide $500 million to help finance Tunisia's state budget.
|
|
Sports
-
Omni sports
7/18/2023 2:41:44 PM
The operating budget for the Paris Olympics is “under control,” the president of the organizing committee said Tuesday.
|
|
Business
-
Economy
7/17/2023 12:55:34 PM
Egypt has achieved a primary budget surplus of EGP 164.3 billion ($5.3 billion) in FY 2022/2023, said the Ministry of Finance.
|
|
Business
-
Economy
7/14/2023 5:43:00 PM
Egypt's Minister of Finance Mohamed Maait said the initial outcomes of the financial performance and the final account statement for the budget of the Fiscal Year 2022-2023 (which ended in June) indicated that most of the government's financial targets had been achieved.
|
|
Business
-
Economy
7/10/2023 4:16:54 PM
The Central Bank of Egypt is considering implementating a flexible exchange rate policy by the end of 2023, Fakhry El-Fiqi, Head of the Planning and Budget Committee at the House of Representatives said.
|
|
Business
-
Economy
7/9/2023 3:44:45 PM
The Central Bank of Egypt (CBE) auctioned on Sunday EGP 40 billion ($1.3 billion) in treasury bills (T-bills) across two maturities as a means to finance the government's debt.
|
|
Business
-
Economy
7/4/2023 1:32:51 PM
The Central Bank of Egypt (CBE) auctioned EGP 40 billion ($1.3 billion) in treasury bills (T-bills) in two maturities on Tuesday, to fund the government debt.
|
|
Business
-
Economy
6/30/2023 11:12:08 PM
Egypt's new budget for FY 2023/24 takes effect on 1 July, with higher revenues and expenditures forecasted by the government.
|
|
Business
-
Economy
6/28/2023 8:51:45 PM
Egypt is allocating EGP 202 billion ($6.54 billion) of its budget for the fiscal year 2023/24 to pensions, a six percent increase compared to EGP 191 billion in the current fiscal year, according to a statement by the Ministry of Finance on Wednesday.
|
|
Sports
-
Omni sports
6/22/2023 10:11:17 AM
The 2024 Paris Olympics are coming in significantly over budget because of an "incomprehensible lack of understanding of the complexity of the IOC's specifications", France's Court of Audit has found.
|
|
World
-
Region
6/21/2023 10:21:31 PM
Iraq's president on Wednesday approved a record $152 billion budget that the parliament voted on earlier this month and which adds about half a million public sector jobs drawing criticism from the International Monetary Fund (IMF) for over-optimistic projections.
|
|
Business
-
Economy
6/20/2023 5:35:29 PM
Experts and party representatives at the Egyptian National Dialogue emphasized the importance of rationalizing public spending and reducing reliance on loans during a session on reforming the state's general budget on Tuesday.
|
|
World
-
War in Ukraine
6/20/2023 3:29:40 PM
Brussels on Tuesday asked EU member states to provide 50 billion euros ($55 billion) more to support Ukraine over the next four years, as part of a boost to the bloc's budget.
|