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Business
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Economy
7/17/2024 8:55:25 PM
Egypt’s budget has achieved an initial surplus of EGP 857 billion in the FY2023/2024, which ended on 30 June, compared to EGP 164 billion in the previous year, marking a 422 percent increase, Minister of Finance, Ahmed Kouchouk, stated on Wednesday.
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Al-Ahram Weekly
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Culture
6/25/2024 9:37:58 PM
Hani Mustafa saw the new big-budget Eid film, Ahl Al-Kahf
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Business
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Economy
6/24/2024 7:54:04 PM
Egypt has mobilized $2 billion in financings over the past few months, following negotiations with International Financial Institutions (IFIs) and multilateral and bilateral development partners, Minister of International Cooperation Rania Al-Mashat announced in a statement on Monday.
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Business
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Economy
6/21/2024 6:32:06 PM
French Finance Minister Bruno Le Maire on Friday insisted France would slash the public deficit to below three percent of GDP by 2027, after the EU reprimanded Paris for breaking budget rules.
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Business
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Economy
6/19/2024 3:40:54 PM
The European Commission on Wednesday reprimanded France for breaching the EU's budget rules under President Emmanuel Macron, in the runup to snap elections marked by lavish spending promises.
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World
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Africa
6/13/2024 12:28:23 PM
Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, alongside a contentious finance bill that contains a raft of new or increased taxes.
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Al-Ahram Weekly
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Opinion
6/13/2024 9:14:00 AM
Egypt’s score on the 2023 Open Budget Survey shows commendable progress as well as areas for improvement.
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Business
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Economy
6/6/2024 3:57:23 PM
The US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.
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Business
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Economy
6/5/2024 2:08:35 PM
Egypt has made remarkable progress in transparency, disclosure, and citizen participation in its budget, according to the 2023 Open Budget Survey by the International Partnership for Budget Responsibility (IPBR), the Ministry of Finance said in a statement on Wednesday.
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Business
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Economy
6/4/2024 10:46:38 PM
Egypt’s House of Representatives has approved the budget plan for the upcoming fiscal year (FY) 2024/2025 with a value exceeding EGP 3 trillion, the Ministry of Finance announced Tuesday.
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Egypt
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Foreign Affairs
5/26/2024 10:45:22 PM
Egypt’s Foreign Minister Sameh Shoukry called in Brussels on Sunday international parties to support the Palestinian Authority's budget directly, given the financial constraints imposed by Israel.
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Al-Ahram Weekly
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Economy
5/21/2024 9:57:13 PM
A government-drafted amendment to increase 2023-24 budget expenditure by LE320 billion was approved by the House of Representatives on Monday, reports Gamal Essam El-Din
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Al-Ahram Weekly
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Economy
5/15/2024 10:34:00 AM
Finance Minister Mohamed Maait has been heavily criticised by MPs over Egypt’s growing debt crisis.
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Al-Ahram Weekly
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Economy
4/30/2024 9:32:43 PM
Debate on Egypt’s new state budget and socio-economic development plan kicked off in parliamentary committees this week.
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Business
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Economy
4/28/2024 9:30:13 AM
Egypt’s budget plan for the upcoming FY2024/2025 comes in line with the government commitments to the International Monetary Fund (IMF) under the fund’s loan programme for the country.
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Al-Ahram Weekly
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Egypt
4/23/2024 10:52:00 PM
Gamal Essam El-Din on the government’s budget and development plans for the new fiscal year
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Al-Ahram Weekly
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Opinion
4/23/2024 10:37:42 PM
Egypt has the time and budget needed to move forward with the structural reform of the economy, as well as to strengthen its economic resilience, writes Naglaa Arafa
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Business
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Economy
4/23/2024 7:05:48 PM
Egypt’s total budget deficit for the upcoming FY2024/2025 will widen to EGP 1.2 trillion, equivalent to 7.2 percent of the country’s GDP, up from an estimated EGP 555 billion (or four percent of the GDP) in the current FY2023/2024, the Ministry of Finance said in its budget financial statement on Tuesday.
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Business
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Economy
4/17/2024 6:45:00 PM
Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris, the Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF), told Ahram Online.
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Al-Ahram Weekly
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Opinion
4/16/2024 8:41:32 PM
Soha Hesham was disappointed in this season’s big-budget production
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