Finance Ministry
Public sector salaries to be delayed
Egypt
September 11, 2012
Public sector salaries to be delayed
The Finance Ministry has announced that payment of public sector salaries would be delayed from 17 to 24 September due…
Sources: Brotherhood seeks takeover of economic ministries
Egypt
July 26, 2012
Sources: Brotherhood seeks takeover of economic ministries
None of the current heads of the economic ministries have been discussed in meetings held by newly-appointed Prime Minister Hesham…
Tax Authority workers threaten sit-in at presidential palace
Egypt
July 3, 2012
Tax Authority workers threaten sit-in at presidential palace
Tax Authority employees have threatened to start a sit-in outside the presidential palace on Saturday if colleagues who were suspended…
Morsy didn’t consult finance minister over raise, says source
Business
July 3, 2012
Morsy didn’t consult finance minister over raise, says source
A Finance Ministry official on Tuesday said that President Mohamed Morsy decided to implement a 15 percent social allowance increase…
Finance Minister: Budget will bear cost of raise in salaries and pensions
Business
July 2, 2012
Finance Minister: Budget will bear cost of raise in salaries and pensions
Finance Minister Momtaz al-Saeed has said that the state budget will bear the cost of the social allowance for salaries…
Cabinet sends ambituous budget to SCAF
Egypt
June 21, 2012
Cabinet sends ambituous budget to SCAF
The 2012/13 budget was expected to be the first in Egypt’s history that would be approved and implemented by…
Finance Ministry transfers US$200 million to petroleum corporation
Business
June 12, 2012
Finance Ministry transfers US$200 million to petroleum corporation
The Finance Ministry on Tuesday transferred US$200 million to the Egyptian General Petroleum Corporation to finance the import of petroleum products,…
Finance Ministry provides additional funding for wheat, petroleum subsidies
Business
May 30, 2012
Finance Ministry provides additional funding for wheat, petroleum subsidies
Finance Minister Momtaz al-Saeed decided to provide the Ministry of Supply and Internal Trade with LE1 billion to disburse payments…
Finance Ministry asks for loan from Arab Monetary Fund
Egypt
May 21, 2012
Finance Ministry asks for loan from Arab Monetary Fund
The Finance Ministry has asked the People’s Assembly Economic Affairs Committee at the People's Assembly (PA) to approve a LE250…
Egypt to offer LE2.5 billion in reopened bonds
Egypt
April 30, 2012
Egypt to offer LE2.5 billion in reopened bonds
The Finance Ministry will offer LE2.5 billion (US$413.5 million) in reopened bonds at an auction on 7 May, the Central…