Finance Ministry
Egypt’s public debts rise fivefold over past five years
Economy
May 8, 2018
Egypt’s public debts rise fivefold over past five years
Minister of Finance Amr al-Garhi stated on Sunday that the Egyptian government is working on a medium-term plan to cut…
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,…
Tax revenues reach LE60 billion this year, Finance Ministry
Business
October 25, 2017
Tax revenues reach LE60 billion this year, Finance Ministry
Deputy Minister of Finance for taxation policies Amr al-Munir said tax revenues witnessed an increase after the implementation of the…
Cabinet denies increased cigarette prices
Egypt
October 6, 2017
Cabinet denies increased cigarette prices
The Information and Decision Support Center of the Cabinet denied reports of an increase in the prices of cigarettes and…
Social Solidarity Ministry to provide citizens with disabilities financial support
Economy
July 25, 2017
Social Solidarity Ministry to provide citizens with disabilities financial support
For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada…
Finance Ministry allocates LE2 bn to presidential, local council elections
Egypt
May 16, 2017
Finance Ministry allocates LE2 bn to presidential, local council elections
The Finance Ministry has allocated LE1 billion to the upcoming presidential election and LE1 billion to the local council elections…
LE1 billion grant to be disbursed through ration cards in Ramadan: Cabinet
Egypt
May 10, 2017
LE1 billion grant to be disbursed through ration cards in Ramadan: Cabinet
The Cabinet agreed to disburse a grant worth LE1 billion to ration card holders in the holy month of Ramadan,…
Finance Ministry to add 10% social allowance to workers’ salaries from May
Business
April 26, 2017
Finance Ministry to add 10% social allowance to workers’ salaries from May
The Finance Ministry approved the disbursement of a 10 percent social allowance for workers, during a meeting with the leaders…
Deputy minister, 2 others detained over LE4 million bribe
Egypt
January 22, 2017
Deputy minister, 2 others detained over LE4 million bribe
The State Security Prosecution office ordered Tareq Farrag, the deputy finance minister for real estate tax affairs, along with two…
Parliament must approve 14 percent VAT rate: deputy minister
Business
August 23, 2016
Parliament must approve 14 percent VAT rate: deputy minister
Egypt's deputy finance minister for taxation polices, Amr al-Monier, has expressed fears that parliament may reduce the rate for Value-Added…