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Business - Economy
9/16/2013 10:33:20 AM
Finance ministry expects budget deficit to be 9.1% of GDP in fiscal year 2013/14, down from 13.8% in 2012/13

Business - Economy
9/14/2013 6:40:53 PM
A nine percent surge in government expenditure over expectations, coupled with lower than anticipated tax returns and sluggish growth, leaves Egypt a budget deficit equal to 14 percent of GDP

Business - Economy
9/12/2013 7:44:46 PM
Government hopes plan will cut unemployment down to 9 percent, budget deficit by 5 percent and raise growth rate to 3.5 percent

Business - Economy
9/12/2013 6:55:59 PM
Economy in the West Bank and Gaza weakening, which could lead to increased social tensions, says the International Monetary Fund on Thursday

World - Region
9/12/2013 12:28:50 PM
Global monetary body predicts Palestinian GDP growth will slow from 11 percent in 2011 and 5.9 percent in 2012 to 4.5 percent by the end of this year

Business - Economy
8/26/2013 11:24:22 AM
Economists reckon US GDP expanded at a 2.2 percent clip between April and June, up from an initial estimate of 1.7 percent thanks to a bigger contribution from net exports

Business - Economy
7/28/2013 12:20:45 PM

Business - Economy
6/21/2013 3:40:27 PM
State budget deficit rises by 50 percent to some LE205 billion – or 11.8 percent of GDP – in first 11 months of current fiscal year, finance ministry reports

Business - Economy
5/30/2013 8:07:56 PM
Budget deficit reaches LE184.8 billion – or 10.6 percent of GDP – in first ten months of current fiscal year, finance ministry reports in latest bulletin

Business - Economy
5/23/2013 3:05:13 PM
In order to reduce state budget deficit to 9.6% of GDP in compliance with IMF loan conditions, govt plans to raise taxes and cut fuel subsidies – both of which are likely to impact Egyptians' daily expenses

Business - Economy
5/22/2013 4:50:00 PM
Advisor to finance minister insists Egypt will implement subsidy reductions – along with other harsh economic reforms – regardless of IMF's loans conditions

Business - Economy
5/12/2013 12:49:31 PM
Budget deficit, which surpasses previous estimations, equivalent to 11.5% of GDP

Business - Economy
4/26/2013 3:19:49 PM
Cuts in government spending offset private consumption and investment gains, says US Commerce Department

Business - Economy
4/23/2013 10:09:05 PM
Finance minister says Egypt's 2012/13 budget deficit may reach as much as 12 percent of national GDP, up from previous forecast of 10.7 percent

Business - Economy
4/10/2013 8:14:28 PM

Business - Economy
2/27/2013 7:33:50 PM
Egypt's total budget deficit rises to $17.7 bn from July to January of current fiscal year due to subsidies increases and social benefits expenditures

Business - Economy
2/3/2013 8:34:23 PM
Expenditure increases push Egypt's budget deficit to LE91.5 bn for first half of 2012/13 fiscal year, up from LE73.8 bn for same period the previous year

Business - Economy
1/24/2013 6:58:04 PM
The head of the IMF, speaking in Davos, says Egyptian GDP would rise over 30 per cent if employment among women was equivalent to men

Business - Economy
12/23/2012 4:46:37 PM
An increase in expenditures has pushed the budget deficit up from $9.5 billion in the same period last year

Business - Economy
11/24/2012 11:32:18 PM
GDP growth rate in the July-September 2012 period drops to 2.6 per cent down from 3.3 per cent in the preceding quarter

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