Latest in Tag: Ahmed Kojak Highlight
Latest in Tag: Ahmed Kojak

Short-term path of reform satisfying, more work needed to reach desired targets: deputy minister of finance
Insuring commodity imports to avoid budget imbalances remains possible, says Kojak

EGP 22bn allocated to increase subsidy support from EGP 21 to EGP 50: Kojak
Social package costs total EGP 75bn: Moeit

The government targets collecting foreign financing of $9bn next year
External liabilities on Egypt are expected to exceed $10bn during the next FY

The government will not issue new bonds in FY2016/17: Ministry of Finance
Deputy minister of finance for monetary policies Ahmed Kojak said that the ministry is not going to issue any other treasury bonds in the current fiscal year (FY) 2016/2017. He stated that the financial gap of the current FY is already covered, adding that the gap of the next FY 2017/2018 is also nearly covered, …

92% of offers on US dollar-denominated bonds came from investment funds or banks: Kojak
High demand on US dollar-denominated bonds caused rise in issuance value, says Minister of Finance

Egypt secures required finances to obtain IMF loan
Egypt will release dollar bonds at an interest rate of 6-6.5% by the end of October