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" initial surplus"

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Business - Economy
Egypt’s budget initial jumps to EGP 857 billion in FY23/24: Finance minister
7/17/2024 8:55:25 PM
Egypt’s budget has achieved an initial surplus of EGP 857 billion in the FY2023/2024, which ended on 30 June, compared to EGP 164 billion in the previous year, marking a 422 percent increase, Minister of Finance, Ahmed Kouchouk, stated on Wednesday.
Business - Economy
Egypt budget initial surplus jumps over 8.5 fold in 1st 9 months of FY2023/2024: Finance minister
4/9/2024 12:44:00 PM
The budget initial surplus has jumped over 8.5 folds during the first nine months of the current fiscal year (FY) 2023/2024 to EGP 416 billion (three percent of GDP), compared to EGP 50 billion (0.5 percent of GDP) in the same period of FY2022/2023, Minister of Finance Mohamed Maait announced on Monday.
Business - Economy
Egypt pledges 6% budget deficit, 1.6% initial surplus to IMF in lead-up to new loan: Finance minister
8/29/2022 10:31:13 PM
Egypt has pledged to the International Monetary Fund (IMF) to attain the overall budget deficit at six percent of GDP and to raise the initial surplus by 1.6 percent in FY 2022/2023, Minister of Finance Mohamed Maait said on Monday.
Business - Economy
Egypt lowers projection for real GDP growth to 5.5% in FY2022/23 over Ukrainian crisis
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
Egypt targets 1% budget initial surplus in FY2020/21, 1.5% in FY2021/22
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
Egypt attains EGP 25 bln initial budget surplus by end of 3Q of FY2020/21: Finance minister
4/6/2021 8:33:37 PM
Maait unveiled that total tax revenues went up by 13.5 percent, at the end of the third quarter of FY2020/21, including the non-sovereign tax revenues that increased with EGP 43.1 billion (grew by 10.4 percent)
Business - Economy
Egypt targets decreasing overall deficit to 6.6%, achieving 1.5% initial surplus in FY2021/22
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
Egypt attains EGP 14 bln budget initial surplus in 1H of FY2020/21, revenues jump to EGP 452.9 bln
3/25/2021 1:03:46 PM
Maait noted that such a robust public revenues performance assured the Egyptian economy success in recovering from the pandemic rapidly
Business - Economy
Egypt targets 2% initial surplus-to-GDP ratio, 6.3% budget deficit in FY2020/21: CBE
12/29/2020 5:11:36 PM
Egypt’s government offered international bonds worth $5 million in May 2020
Business - Economy
Egypt achieved initial surplus of EGP 2 bln in fiscal year 2017/18: Finance minister
12/3/2018 3:42:41 PM
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