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" Egypt budget deficit"

67 results

Business - 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.

Business - 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.

Business - Economy
12/6/2023 2:02:02 PM
Egypt’s budget deficit will increase by one percent in the fiscal year (FY) 2023/2024 to account for 7.1 percent of GDP, up from 6.1 percent in FY2022/2023, due to the increase in debt service payments, according to a report by Investment bank HC Securities and Investment on Wednesday.

Business - Economy
12/4/2023 3:29:52 PM
Egypt’s budget deficit rose to 3.85 percent of GDP during the first quarter (July-September) of FY 2023/2024, up from 2.05 percent in the corresponding quarter in FY 2022/ 2023.

Business - Economy
11/13/2023 3:09:42 PM
The Central Bank of Egypt (CBE) auctioned $1.61 billion USD-denominated treasury bills (T-bills) on Monday, reported the CBE website.

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
3/6/2023 3:17:57 PM
Egypt’s budget deficit rose to four percent of gross domestic product (GDP) during the first half (1H) of FY 2022/2023 (July-December 2022) to over EGP 367 billion, stated a report by the Ministry of Finance on Monday.

Business - Economy
9/14/2022 2:33:28 PM
Egypt’s economy has tripled in size over the past six years despite the economic challenges, Minister of Finance Mohamed Maait told the Korean Ambassador in Egypt Hong Jin-wook on Wednesday during a meeting at the finance ministry headquarters in the presence of a delegation of Korean investors.

Business - Economy
1/14/2021 2:53:47 PM
Egypt's current FY2020/21 managed to attain positive indices despite the harsh impacts of COVID-19, said Minister of Finance Mohamed Maait.

Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose

Business - Economy
8/23/2020 1:20:52 PM
The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019

Business - Economy
5/5/2020 2:49:47 PM

Business - Economy
4/16/2020 5:09:29 PM

Business - Economy
2/11/2020 11:18:24 AM
The finance ministry is aiming to achieve an initial financial surplus of 2% by the end of FY 2019/2020

Business - Economy
1/21/2020 9:22:21 AM
The primary budget surplus widened to 0.5% of GDP, or 30 billion Egyptian pounds ($1.91 billion), in the final six months of 2019 from 0.4% a year earlier.

Business - Economy
12/19/2019 8:38:00 PM
With loan interests, Egypt’s budget deficit recorded EGP 131.4 billion during the first quarter of FY2019/2020, accounting for 2.1 percent of the GDP

Business - Economy
10/8/2019 10:14:19 PM

Business - Economy
11/15/2018 10:36:13 AM
Bringing down public debt will contribute to boosting the competitiveness of the Egyptian economy, support private sector investment and create sustainable job opportunities

Business - Economy
10/31/2018 7:23:07 PM

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