budget

IMF delegation to visit Egypt over future borrowing
Business

IMF delegation to visit Egypt over future borrowing

International Monetary Fund (IMF) officials proposed to amend the conditions tied to Egypt’s request to borrow US$3 billion in June…
Finance minister: No budget allocations for public sector salary increases
Egypt

Finance minister: No budget allocations for public sector salary increases

The Finance Ministry is not involved in the Public Transport Authority (PTA) crisis and therefore there will be no budget…
Egypt considers renegotiating loan with IMF
Business

Egypt considers renegotiating loan with IMF

Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…
Householders improvise and economize as Ramadan budgets dwindle
Life & Style

Householders improvise and economize as Ramadan budgets dwindle

A week into the holy month and expenses are mounting up for poor and middle-income families. For some, Ramadan has…
Budget increase fails to convince scientists
Environment

Budget increase fails to convince scientists

On 1 June, the transitional government adopted its first post-uprising budget, characterized by a slight increase in funds allocated to…
New finance minister may call for budget amendments
Egypt

New finance minister may call for budget amendments

Egypt’s newly-appointed Minister of Finance Hazem al-Beblawy said he might submit a request to the ruling military council to accept…
Protesters demand security reform, new budget
Egypt

Protesters demand security reform, new budget

Political and revolutionary groups in Cairo's Tahrir Square on Sunday released a list of demands through the square's demonstrator-run broadcasts.…
Gulf ‘gifts’ fill budget gap but raise suspicions
Business

Gulf ‘gifts’ fill budget gap but raise suspicions

After turning down loans from the International Monetary Fund and the World Bank, Egypt is now turning to oil-rich Arab…
Egypt in the dark about budget
Egypt

Egypt in the dark about budget

Delays in revealing the details of the government’s budget have raised questions regarding the country’s economic policy and direction. On…
Egypt to fund budget gap via local market, Arab help
Business

Egypt to fund budget gap via local market, Arab help

ABU DHABI--Egypt plans to fund its 134 billion Egyptian pound budget deficit through a combination of local market issuance and…
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