Egypt Aims to Reduce Budget Deficit to 7% in FY 2019/20

• Wednesday, 21st November 2018
• by Invest Gate

The Finance Ministry's FY 2019/20 draft state budget targets reducing Egypt's total budget deficit to 7% of the country's GDP, down from 8.4% in the current fiscal year, anticipating to see the deficit shrinking t ...

Egypt’s Budget Deficit Records EGP 259 bn in 8M

• Thursday, 28th June 2018
• by Invest Gate

Egypt’s Ministry of Finance (MoF) announced that the state’s budget deficit has surged by 14.2% year-on-year (Y-o-Y) in the first eight months of FY 2017-18

Egypt Aims to Cut Budget Deficit to 4-5% by 2022 – Minister

• Tuesday, 17th October 2017
• by Invest Gate

Egypt’s Finance Ministry aims to reduce the budget deficit each year by 1 to 1.5% to reach 4 or 5% by 2022

Egypt Budget Deficit at 9.5% in Q4 FY 2016/17: President

• Thursday, 14th September 2017
• by Invest Gate

President Abdel-Fattah El-Sisi announced on Thursday that Egypt’s budget deficit stood at 9.5% during the fourth quarter of the 2016/17 fiscal year, which ended in June, compared to 11.5% during the same quarter last ...

Egypt’s Budget Deficit Down to 8 % of GDP

• Tuesday, 23rd May 2017
• by Nayrouz Talaat

Egypt's budget deficit for the first nine months of the FY2016-17 ending in June dipped to 8% of GDP from 9.4% during the same period last year, Invest-Gate reports.