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World
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International
6/8/2023 4:59:13 PM
Pakistan failed to meet any economic growth targets for the fiscal year 2022-23, according to a key government report released Thursday, a day before the new budget is to be presented to the national assembly.
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Al-Ahram Weekly
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Egypt
6/6/2023 9:28:59 PM
The Senate approved the FY 2023-24 socioeconomic development plan amid calls for limits on foreign loans, reports Gamal Essam El-Din
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Sports
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Omni sports
6/6/2023 1:58:00 PM
Paris is on time and on budget for the 2025 Olympics, the city's mayor said on Tuesday, dismissing concern expressed recently by a senior Olympics official.
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Egypt
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Health
6/4/2023 6:20:00 PM
Egypt's Minister of Finance and Head of the General Authority for the Universal Health Insurance System (UHIS), Mohamed Maait, announced on Sunday that the government plans to raise healthcare spending by 15 percent in FY 2023/24.
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Business
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Economy
6/1/2023 10:12:36 AM
Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.
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Business
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Economy
5/31/2023 2:03:35 PM
Egypt's Minister of Planning and Economic Development, Hala El-Said, announced Tuesday in the Senate that the government aims to collect $83 billion in foreign currencies during FY 2023/24 through four streams, according to an official statement.
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World
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Region
5/27/2023 8:37:01 PM
Iraqi Kurdish leaders on Saturday denounced amendments over oil in the draft federal budget, delaying a parliamentary vote more than two months after legislators received the budget plan.
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Business
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Economy
5/25/2023 2:57:12 PM
Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic Outlook 2023.
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Egypt
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Politics
5/24/2023 9:54:54 PM
The House of Representative’s Budget Committee approved on Wednesday proposed amendments to the Resource Development Law 147/1984, stipulating new departure fee from the country, with a reduced one for certain tourists and exemptions for the diplomatic corps.
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Egypt
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Politics
5/24/2023 9:13:15 PM
The House of Representatives' Budget Committee approved Wednesday amendments to the Entertainment Tax Law, stipulating new taxes on a host of activities including going to see foreign movies at cinemas, holding parties in social clubs, as well as animals and safari shows.
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World
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Region
5/24/2023 9:21:26 AM
Prime Minister Benjamin Netanyahu’s government on Wednesday passed a new two-year budget, a step that could bring some stability to his coalition and clear the way for it to press ahead with its religious, pro-settlement agenda.
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Business
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Economy
5/22/2023 1:25:46 PM
President Joe Biden and House Speaker Kevin McCarthy will meet face to face Monday after a weekend of on again, off again negotiations over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
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Business
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Economy
5/12/2023 4:21:56 PM
Egypt's Minister of Finance Mohamed Maait was in the hot seat on Wednesday and Thursday to respond to attacks he faced from MPs on what what they perceived as an "alarming increase in debt service costs and a widening of the budget deficit."
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Egypt
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Politics
5/9/2023 9:36:40 PM
Minister of Finance Mohamed Maait and Minister of Planning and Economic Development Hala El-Said delivered two statements on Tuesday before parliament on the draft FY2023/24 budget and development plan.
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Business
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Economy
5/9/2023 3:16:58 PM
Egypt’s government has increased its budget deficit estimate to 6.9 percent of GDP for the fiscal year (FY) 2023/2024, which starts on 1 July, compared to an earlier estimate of 6.3 percent, Minister of Finance Mohamed Maait stated in front of the House of Representatives on Tuesday.
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Business
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Economy
5/8/2023 8:52:45 PM
The White House and Congress could strike a deal to raise the debt ceiling in exchange for budget cuts. Or they could agree to a stopgap measure to keep paying the nation’s bills while negotiations continue. They also could let the negotiations unravel, sending the economy into a chaos.
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Egypt
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Politics
5/8/2023 6:25:25 PM
Egypt’s Finance Minister Mohamed Maait and Planning and Economic Development Minister Hala El-Said will deliver Tuesday two statements in parliament on the draft FY 2023/24 budget and socioeconomic development plan.
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Al-Ahram Weekly
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Egypt
5/2/2023 11:09:39 PM
The government is increasing social security spending in order to provide greater support for Egyptian families, reports Nahla Abul-Ezz
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Business
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Economy
4/27/2023 8:28:56 PM
The Central Bank of Egypt (CBE) auctioned on Thursday treasury bills (T-bills) worth EGP 39.5 billion ($1.28 billion) on Thursday, divided into two issues, to fund the budget deficit.
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Al-Ahram Weekly
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Egypt
4/25/2023 7:41:34 PM
Deputy Chair of parliament’s Budget Committee Mustafa Salem explains the main features of Egypt’s 2023-24 budget to Nahla Abul-Ezz
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