budget

Finance Minister says LE36 billion to be saved after applying the smart card system
Egypt

Finance Minister says LE36 billion to be saved after applying the smart card system

Nagui al-Ashqar, head of the Finance Ministry’s technical office, said that a smart card system for subsidizing petroleum substances would…
Mansour raises budget of the Armed Forces General Services Authority by LE 517 million
Business

Mansour raises budget of the Armed Forces General Services Authority by LE 517 million

Interim President Adly Mansour issued a decree increasing the credit balance granted to the Armed Forces General Services Authority at…
US federal government shuts down for first time in 17 years
World

US federal government shuts down for first time in 17 years

The United States federal government shut down for the first time in 17 years on Tuesday, as Congress failed to…
IMF to review Egyptian budget before resuming loan talks
Egypt

IMF to review Egyptian budget before resuming loan talks

The IMF's director for the Middle East and North Africa, Masood Ahmed, said Saturday that the fund is reviewing Egypt's…
Agency: Egypt budget deficit expected to widen to LE200 bn
Business

Agency: Egypt budget deficit expected to widen to LE200 bn

Egypt's budget deficit in the year to end-June 2013 could widen by 50 percent from the original forecast made in…
At Imbaba clinic, kindness holds underfunded health system together
Egypt

At Imbaba clinic, kindness holds underfunded health system together

The doctors are on strike, but the patients haven’t noticed.   In Tanash primary care unit, in Warraq, north of…
Presidency: Morsy seeking investments to create jobs
Business

Presidency: Morsy seeking investments to create jobs

President Mohamed Morsy is seeking to attract foreign investments to bolster the economy and create job opportunities, presidential spokesperson Yasser…
Finance minister says budget deficit is LE170 billion
Business

Finance minister says budget deficit is LE170 billion

Finance Minister Momtaz al-Saeed said Wednesday that the budget deficit is currently LE170 billion, which is higher than the LE135…
Presidency: Domestic, foreign debt expenses LE130 bn
Business

Presidency: Domestic, foreign debt expenses LE130 bn

Egypt’s foreign and internal debt services have accumulated over the past decades and now exceed LE130 billion, presidential spokesperson Yasser…
New budget ‘represents the past,’ says former Finance Minister
Business

New budget ‘represents the past,’ says former Finance Minister

Samir Radwan, the former Finance Minister, said that the current state budget “represents the past” and that it “would not…
Back to top button