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" budget deficit"

251 results

Business - Economy
6/27/2022 6:34:14 PM
Egypt is expected to attain a 6.2 percent in real GDP growth by the end of the current FY2021/22 — which will conclude by the end of June — with an expected 1.2 percent of GDP in primary surplus and 6.2 percent in budget deficit, according to Minister of Finance Mohamed Maait.

Business - Economy
6/4/2022 10:33:33 PM
Egypt plans to issue its first sukuk (Islamic sovereign bonds) in the upcoming FY2022/2023 with a key objective of financing the budget deficit, Minister of Finance Mohamed Maait told Ahram Online.

Al-Ahram Weekly - Economy
3/29/2022 8:34:20 PM
Egypt is borrowing in Japanese yen in an effort to diversify its foreign currency resources, writes Doaa A. Moneim

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.

Business - Economy
3/22/2022 3:32:01 PM
Egypt lowered its expectation for real GDP growth in upcoming FY2022/2023 – which starts 1 July – to 5.5 percent, down from 5.7 percent expected in January, Minister of Planning and Economic Development Hala El-Said stated on Tuesday.

Business - Economy
7/1/2021 2:16:55 PM
Minister of Finance Mohamed Maait made his comments on the occasion of the 30th of June Revolution celebration, showcasing the milestones Egypt has attained since FY2013/14

Al-Ahram Weekly - Economy
6/10/2021 12:28:00 PM
Egypt will soon be debuting its first sovereign sukuk bonds

Al-Ahram Weekly - Egypt
5/19/2021 12:39:00 PM
The main features of the government’s new budget and development plans have been revealed over the last two weeks

Business - Economy
4/28/2021 2:00:03 PM
Maait said budget deficit to GDP ratio is expected to decrease to 6.7 percent, down from the projected 7.07 percent in the current FY2020/2021

Business - Economy
4/25/2021 7:56:43 PM
FY2021/22 budget revenues are estimated at EGP 1.3 trillion, while expenses are expected to post EGP 1.8 trillion, according to Maait

Business - Economy
4/11/2021 6:49:39 PM
We project Egypt to attain seven percent overall budget deficit and 1.8 percent primary surplus in FY2021/22, which starts in July, said Gatti

Business - Economy
3/25/2021 3:33:22 PM
Maait said that the FY2021/22 budget will witness an unprecedented increase in public investments in FY2021/22, with a growth rate of 27.6 percent

Business - Economy
3/22/2021 3:54:39 PM
The maturity date for the five-year term T-bonds is 12 January 2026, while the maturity date of the 10-year term T-bonds will be 12 January 2031

Al-Ahram Weekly - World
2/18/2021 7:50:00 PM
Sudan faces towering economic challenges, including a huge budget deficit and widespread shortages of essential goods and soaring prices of bread and other staples

Business - Economy
1/28/2021 3:43:59 PM
The coronavirus is the top fiscal risk, followed by an expected increase in commodities' prices and sovereign borrowing costs, Mauro said

Egypt - Politics
1/16/2021 2:55:00 PM
The pandemic has thwarted efforts to decrease the budget deficit to a targeted 6.3 percent, the finance minister said

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.

World - Region
1/1/2021 4:50:18 PM
The government plans to finance 73 percent of the deficit through borrowing on local and international markets, and the rest from state reserves

World - Region
12/31/2020 8:52:23 PM
Earlier this year Tebboune acknowledged the economy's "vulnerability" due to its failure for decades to diversify its oil dependent economy

Business - Economy
12/29/2020 5:11:36 PM
Egypt’s government offered international bonds worth $5 million in May 2020

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