budget deficit
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Business
October 12, 2022
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Egypt recorded in the fiscal year ending in June 2022 a growth rate of 6.6 percent, and a primary surplus…
State’s general budget deficit under control: minister
Business
May 10, 2022
State’s general budget deficit under control: minister
The state’s general budget deficit is under control, Mohamed Maait, Minister of Finance, confirmed. He also pointed out that some…
Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites
Middle East
February 11, 2020
Bail-in or bail-out? Lebanese banks in need of rescue as crisis bites
LONDON (Reuters) – The worst is yet to come for Lebanon’s banks. The old-style way of running the economy –…
Lebanon 2019 budget deficit ‘much bigger’ than expected: finance minister
Middle East
December 11, 2019
Lebanon 2019 budget deficit ‘much bigger’ than expected: finance minister
BEIRUT (Reuters) — Lebanon’s 2019 budget deficit will be much bigger than expected after a sharp drop in state revenues,…
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
Business
November 17, 2019
As part of Egypt’s 2030 vision, Finance Ministry qualifies young leaders for leading jobs
The Ministry of Finance’s sector heads are responsible for qualifying young cadres for leading jobs through teamwork, and making innovation…
Tunisia’s largest union starts nationwide strike over pay
Middle East
January 17, 2019
Tunisia’s largest union starts nationwide strike over pay
TUNIS (Reuters) – Rail, bus and air traffic stopped in Tunisia on Thursday after the powerful Tunisian General Labor Union…
Foreign reserves rise to $44.2 bn by end of June
Business
July 5, 2018
Foreign reserves rise to $44.2 bn by end of June
The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Middle East
May 2, 2018
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this year,…
Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows
Business
April 27, 2018
Egypt says non-oil exports increase 15 percent in Q1 of 2018, trade volume grows
Egypt said on Friday its non-oil exports for the first quarter of 2018 had increased by 15 percent compared with…
Draft budget expects 5.8% growth rate, decreased budget deficit
Economy
March 29, 2018
Draft budget expects 5.8% growth rate, decreased budget deficit
Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a Cabinet…