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" Finance Ministry"

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Business - Economy
10/16/2022 6:56:58 PM
The Central Bank of Egypt (CBE) and the Ministry of Finance announced on Sunday that Egypt and the International Monetary Fund (IMF) have reached an agreement on the economic and structural policies and reforms for Egypt’s new IMF-backed economic reform programme.

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
9/5/2022 5:22:11 PM
Citi Bank announced that it will share its experience and best practices on climate finance with the finance ministry and other Egyptian ministries ahead of and during the upcoming COP27 to support the country efforts on climate change.

Business - Economy
8/28/2022 3:17:18 PM
Egypt's finance ministry urged swift payment of taxes and due fees ahead of the end of August deadline, to benefit from tax facilities offered under the law pardoning delay in payment.

Business - Economy
7/5/2022 4:00:59 PM
The prices of imported wheat and oil have hiked, which poses a burden on the state’s finances and budget, Minister of Finance Mohamed Maait said on Monday, asserting that the Ministry of Finance is managing the country’s financial matters under pressure.

War in Ukraine - Economy
6/23/2022 4:08:21 PM
Russia has made two interest payments on dollar-denominated debt in rubles, the country's finance ministry said Thursday, as Moscow faces the risk of an external debt default.

Business - Economy
5/15/2022 2:04:17 PM
The Central Bank of Egypt (CBE), in collaboration with the Ministry of Finance, has replaced 4.1 out of 4.3 million payroll slips for state-employees with Meeza cards, the bank announced on Sunday.

Business - Markets & Companies
4/17/2022 12:54:34 PM
Egypt’s government will implement a cash repayment for exporters’ arrears initiative on exported goods retroactively from 1 July 2021 with an acceleration deduction of eight percent instead of 15 percent, Minister of Finance Mohamed Maait announced on Sunday.

Business - Economy
4/7/2022 1:06:02 PM
Egypt is set to launch a new phase of its automated and electronic system for tax collection as of 1 July, which will contribute to including informal business activities into the formal sector, Minister of Finance Mohamed Maait said on Thursday.

Business - Economy
3/24/2022 9:40:37 PM
Egypt's budget deficit hit EGP 368 billion from July 2021 to February 2022, compared to EGP 320 billion during the same period a year earlier, the Finance Ministry said in a report Thursday.

War in Ukraine - Economy
3/17/2022 8:10:45 PM
Russia's Finance Ministry said it transferred a $117 million bond interest payment in an attempt to avoid a default on government debt but left it open if the money actually reached foreign investors by the deadline.

War in Ukraine - Economy
3/14/2022 10:23:35 AM
Russia's finance ministry on Monday accused foreign countries of wanting to force Russia into an "artificial default" through unprecedented sanctions over Ukraine and said it would meet its debt obligations.

Egypt - Politics
1/18/2022 5:13:24 PM
Egyptian President Abdel-Fattah El-Sisi issued a directive on Tuesday to the finance ministry to raise the minimum wage for public sector employees from EGP 2,400 to EGP 2,700 in the state budget for the fiscal year 2022/23, the presidency announced.

Egypt - Politics
1/5/2022 5:47:20 PM
Egypt's parliament approved on Wednesday three laws related to economic activities; namely on regulating and promoting the use of financial technology (FinTech) in non-banking financial activities, allowing the finance ministry to transfer money from private funds and accounts into the state treasury, and setting up a renewable energy development authority.

World - International
12/17/2021 3:29:42 PM
Afghanistan's finance ministry under the new Taliban government has prepared a draft national budget that, for the first time in two decades, is funded without foreign aid, a spokesman said.

Business - Markets & Companies
11/15/2021 3:57:26 PM
Egypt's finance ministry will fast-track the resolution of tax disputes out of court in a way that contributes to creating a suitable environment for business and encourages investors to expand their activities in the Egyptian market, Finance Minister Mohamed Maait told Omani Ambassador to Egypt Abdullah Al-Rahbi.

Egypt - Politics
8/4/2021 6:37:14 PM
The parade, which gained international media attention, was accompanied by festivities and artistic shows

Business - Economy
7/11/2021 11:35:45 AM
Maait noted that the arrears of the third stage are expected to be disbursed by end of September through end of October with an acceleration discount of 15 percent.

Egypt - Politics
6/5/2021 4:56:35 PM
The law will allow the Finance Ministry to issue Islamic sharia-compliant bonds necessary to raise capital for spending on development projects

Business - Economy
5/19/2021 2:33:38 PM
Concerning the EGP 3 billion tourism support initiative, which the finance ministry launched in May 2020, the CBE extended the validity of the initiative to the end of December 2021

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