deficit

Egypt announces an increase in foreign assets deficit
Business

Egypt announces an increase in foreign assets deficit

The Central Bank of Egypt announced that the net foreign assets deficit in the banking sector increased by about fiv…
Japan’s record $940 bln budget to help recovery as fiscal reform in back seat
World

Japan’s record $940 bln budget to help recovery as fiscal reform in back seat

TOKYO, Dec 24 (Reuters) – Japan’s cabinet approved on Friday an annual budget of $940 billion that is a record…
Egypt’s current account deficit narrows in Q4 of 2019
Economy

Egypt’s current account deficit narrows in Q4 of 2019

Egypt’s current account deficit for the last quarter of 2019 narrowed to $3.19 billion from $3.25 billion in the same…
Lebanese veterans block highways in budget protest
Middle East

Lebanese veterans block highways in budget protest

BEIRUT (Reuters) – Hundreds of veterans burned tyres and blocked highways in Lebanon on Thursday to protest plans to tax…
After Tripoli assault, Libya’s next battle could be over banks
Middle East

After Tripoli assault, Libya’s next battle could be over banks

TRIPOLI (Reuters) – Eastern Libya commander Khalifa Haftar has thrown much of his military forces into attacking Tripoli, but the…
US wants ‘concrete’ trade action from China within 90 days
World

US wants ‘concrete’ trade action from China within 90 days

The United States said Monday it will need to see “something concrete” from China in the next 90 days to…
Italy expects EU budget rejection on Tuesday: source
World

Italy expects EU budget rejection on Tuesday: source

MILAN (Reuters) – The Italian government expects the European Commission to decide for the first time ever on Tuesday to…
Egypt to increase exports to Sweden: Trade Minister
Egypt

Egypt to increase exports to Sweden: Trade Minister

Egypt’s Minister of Trade and Industry Amr Nassar held a meeting with Sweden’s Ambassador to Egypt Jan Thesleff and several…
Egypt’s economic reforms begin to bear fruit: Bloomberg
Economy

Egypt’s economic reforms begin to bear fruit: Bloomberg

The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Business

Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
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