fiscal policy
Egypt’s economy: From crisis to crash
Opinion
March 26, 2013
Egypt’s economy: From crisis to crash
Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…
Finance Ministry: Deficit climbed to US$13 bn in last five months
Business
December 23, 2012
Finance Ministry: Deficit climbed to US$13 bn in last five months
The state budget deficit climbed to LE80.7 billion (US$13.1 billion) in the first five months of the 2012/2013 fiscal year,…
Is the Central Bank’s independence on the line?
Business
December 23, 2012
Is the Central Bank’s independence on the line?
The Central Bank of Egypt has been making headlines recently, not least of which due to the dire state of…
In debate over devaluating the pound, officials avoid sparking panic
Business
September 4, 2012
In debate over devaluating the pound, officials avoid sparking panic
In the past year, Egypt has been dealt a series of crippling economic blows, but the Egyptian pound has not…
Egypt is facing financial crisis, says finance minister
Business
October 26, 2011
Egypt is facing financial crisis, says finance minister
Egypt is facing a financial crisis that only foreign funding could help alleviate in the short term, Minister of Finance…