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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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Business
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Economy
4/9/2024 12:44:00 PM
The budget initial surplus has jumped over 8.5 folds during the first nine months of the current fiscal year (FY) 2023/2024 to EGP 416 billion (three percent of GDP), compared to EGP 50 billion (0.5 percent of GDP) in the same period of FY2022/2023, Minister of Finance Mohamed Maait announced on Monday.
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Al-Ahram Weekly
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Economy
4/3/2024 2:37:00 PM
Egypt’s 2024-25 draft budget includes major increases in spending on social protection, healthcare, and education
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Al-Ahram Weekly
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Economy
3/29/2024 12:57:00 PM
The government’s budget and development plan will be submitted to parliament this month, writes Gamal Essam El-Din
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Business
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Economy
3/27/2024 9:46:10 PM
Minister of Planning and Economic Development Hala El-Said said on Wednesday that priority in the FY 2024/2025 budget's development plan has been given to establishing and expanding water and food security projects.
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Business
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Economy
3/27/2024 6:10:25 PM
Egypt’s cabinet has approved in its meeting on Wednesday the draft budget for the upcoming FY 2024/2025 to send to the House of Representatives by the end of March, the cabinet said in a statement.
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Business
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Economy
3/26/2024 10:34:57 PM
The state’s general budget for the fiscal year (FY) 2024/25, which begins in July, will increase allocations for health and education by 30 percent, the Egyptian presidency announced on Tuesday.
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World
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International
3/23/2024 12:47:51 PM
The US Senate passed a $1.2 trillion package of spending bills in the early morning hours of Saturday, a long overdue action nearly six months into the budget year that will push any threats of a government shutdown to the fall. The bill now goes to President Joe Biden to be signed into law.
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Business
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Economy
3/19/2024 5:30:59 PM
Minister of Finance Mohamed Maait said the state is placing a stringent ceiling of EGP 1 trillion on public investments in the upcoming fiscal year 2024/25, while also capping public debt.
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World
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International
3/19/2024 4:36:42 PM
US President Joe Biden voiced support Tuesday for a deal struck by leaders in Congress to finalize the 2024 federal budget and avoid a damaging election-year partial shutdown ahead of Friday's deadline.
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Business
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Economy
3/12/2024 3:00:39 PM
Egyptian government targets a primary surplus of 3.5 percent in its GDP in the upcoming fiscal year (FY) 2024/2025, Minister of Finance Mohamed Maait announced on Tuesday.
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Business
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Economy
2/19/2024 1:43:12 PM
The Ministry of Finance will submit a Tax Policy Strategy for Egypt 2024/2030 document to the National Dialogue next week, Minister of Finance Mohamed Maait said in a statement on Monday.
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Egypt
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Foreign Affairs
2/2/2024 10:47:49 PM
European Commissioner for Neighborhood and Enlargement Oliver Varhelyi informed Egyptian Minister of Foreign Affairs Sameh Shoukry about the European Union's approval of extra financial and economic assistance for Egypt, reinforcing the strategic partnership between the two sides.
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Business
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Economy
1/31/2024 6:58:19 PM
The Egyptian Cabinet approved a plan to reduce the state budget public investment plan for the fiscal year (FY)2023/2024 by 15 percent, according to a statement on Wednesday.
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Business
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Economy
1/28/2024 6:19:56 PM
The Central Bank of Egypt (CBE) is set to issue EGP 130 billion treasury bills (T-bills) on Tuesday with four different maturities between April 2024 and January 2025.
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War on Gaza
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War on Gaza
1/27/2024 11:27:00 PM
Thousands of civilians were trapped in southern Gaza as Israel continued its bloody war on the Strip on Saturday, a day after the top UN court ruled Israel must prevent genocidal acts.
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Business
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Economy
1/23/2024 3:01:57 PM
Egypt’s budget deficit rose to 5.51 percent of GDP between July and November 2024 from 3.37 percent during the same period last year, according to data released by the Ministry of Finance.
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Business
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Economy
1/22/2024 2:40:20 PM
Egypt may devalue the Egyptian pound to bridge the gap with its traded rate in the parallel market, said Fakhry El-Fiqi, head of the Planning and Budget Committee in the House of Representatives.
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Business
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Economy
1/18/2024 2:17:16 PM
Egypt’s budget deficit recorded 4.95 percent of GDP during the first half (H1) of FY 2023/2024, July-December 2023, said Minister of Finance Mohamed Maait.
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Al-Ahram Weekly
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Egypt
1/9/2024 9:37:12 PM
The government started off the year by announcing a new strategy and a set of subsidy reductions, reports Niveen Wahish
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