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Business
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Economy
9/16/2014 5:36:21 PM
Euromoney conference shows Egypt's budget deficit hitting 11 percent, despite structural adjustments
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Business
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Economy
9/9/2014 10:18:59 PM
Egypt's total public debt now stands at nearly 95 percent of GDP - but the government hopes reforms will slash both debt and the budget deficit
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Business
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Economy
8/13/2014 3:53:40 PM
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Opinion
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7/29/2014 1:28:54 PM
Cutting the deficit in the general budget was an essential start that needs to be followed by serious steps for sharper reductions once Egypt's economy stabilises and growth improves
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Business
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Economy
7/14/2014 3:15:40 PM
In the fiscal year 2013/14, the government exceptionally appropriated 20 percent of the cumulative balance of special funds for the state budget, which amounted to LE4.5 billion.
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Business
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Economy
7/4/2014 2:07:11 PM
Amendment is latest in a spate of reforms including capital gains tax on bourse ratified last week as part of drive to boost tax revenues in 2014/2015 and combat deficit
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Business
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Economy
6/29/2014 11:14:29 PM
Deficit will now stand at 10 percent of GDP - as opposed to the projected figures of 12 percent, or nearly LE300 billion, which caused President El-Sisi to delay ratification
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Business
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Economy
6/29/2014 5:59:32 PM
State to raise prices of all petroleum products and electricity in order to reduce budget deficit to 10 percent of GDP by 2015
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Business
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Economy
6/24/2014 2:03:25 PM
The proposed state budget would raise Egypt's total domestic debt to LE2 trillion, up from LE1.7 trillion in March and LE1.6 trillion in December last year
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Business
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Economy
6/10/2014 6:32:32 PM
Emirates and U.S. agree over tax evasion fight as part of a U.S. plan to close its budget deficit and clamp down on tax avoidance
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Business
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Economy
5/30/2014 6:19:42 PM
Budget deficit down by 6 percent, as compared to same months of last year, which analysts say is due to Gulf aid since Mohamed Morsi's ouster
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Business
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Economy
5/10/2014 7:37:25 PM
The latest draft budget, not accounting for pending reforms, aims to bring Egypt's estimated deficit down by 0.6 percent of GDP, official source tells Ahram Online
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Business
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Economy
4/30/2014 7:28:26 PM
Higher tax revenues and Gulf aid counterbalance state stimulus spending, according to latest report from the finance ministry
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Business
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Economy
4/28/2014 3:54:16 PM
Tax reforms and subsidy restructuring are essential for reigning in budget deficit to avoid worst case scenario, says Finance Minister Hany Kadry Demian
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Business
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Economy
4/20/2014 9:36:00 PM
In efforts to pare down the budget deficit, Egypt will push ahead July with subsidies restructuring while protecting poorer sectors of the population, says interim premier Ibrahim Mahlab
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Business
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Economy
3/28/2014 3:16:04 PM
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Business
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Economy
3/12/2014 6:10:56 PM
GDP forecast to grow at 2-2.5 percent while budget deficit to reach 11-12 percent
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Business
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Economy
2/3/2014 9:33:48 PM
Slimming of deficit attributed to LE30 billion economic stimulus package passed last October by interim President Adly Mansour
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Business
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Economy
2/2/2014 8:52:30 PM
Already the recipient of $12 billion in Gulf aid, Egypt anticipates nearly $6 billion more from Saudi Arabia and the UAE to lift its struggling economy
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Business
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Economy
12/9/2013 6:24:08 PM
Deficit up from same period of last year, but expected to be 5 percent less by the end of fiscal year 2013/14
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