Latest in Tag: budget Highlight
Latest in Tag: budget

Cabinet to discuss minimum and maximum wages
The discussions are going to be held on Tuesday with the National Council for Wages
Government records EGP 240bn budget deficit in last fiscal year
59% of increases for government expenditures are for subsidies and debt settlements

Government to rely on grants to reduce deficit
Ahmed Galal : interim government is not here to watch things happening

A solution for Egypt’s fuel crisis?
The recurring petrol and diesel crises have left Egypt’s streets paralysed and the people angry. Despite the continuity of the diesel crisis throughout the past months, the petrol crisis is primarily affecting Egyptians from middle and upper classes, a phenomenon unprecedented on the current scale. The government has promised the crisis will end once the new smartcard system is in effect. The Daily News Egypt reviews the new system and asks people about the system’s feasibility and convenience to their needs.
Subsidies budget cut by 11.7% year on year in 3Q 2012/2013: minister of planning
Subsidies for petroleum products totaled 62% of all subsidies for the third quarter, with an additional 31% going towards supply products.

Healthcare professionals suspend sit-in
Protesting doctors say they left health ministry camp in order to tend to potential wounded in upcoming protests

Shura Council criticises the National Council for Women
Al-Erian: NCW should have condemned same-sex marriage in the UN document

IMF expects Egypt economy to slow next fiscal year
The report predicted that annual inflation rates would increase by the end of this year to 10.8%, compared to 8.4% in the previous fiscal year

IMF claims progress in loan negotiations
The statement comea a few weeks ahead of planned protests for 30 June and amid an already-ailing economy one year into President Mohamed Morsi’s tenure.

Shura demands fair distribution of health investments
Committee chairman: Large amounts are being spent to repair cars while citizens suffer from shortages in medical supplies

New food channel targets everything Egyptian
CBC offers a new food channel that is strictly for Egyptian tastes.

Shura Council postpones decision on MOI budget increase
Representatives call for a report on Interior Ministry spending before deciding to accept or reject a budget increase

Doctors Without Rights plan strike on 15 June
Medical professionals are demanding the passing of a staff law that would give them more rights

Interior ministry’s budget increases
The government raised the ministry’s budget by around EGP 5 billion

Accounting error in budget
Grave mistake made with regards to Egypt’s public budget, Economic Committee demand those responsible be held accountable

Shura Council discusses budget
Discussion sessions to last for 8 days

ECESR launches budget handbook series
Series published by Egyptian Centre for Economic and Social Rights uses International Budgets Partnership to rate governments according to fiscal transparency

Shura postpones new tax law approval
Economic Committee discusses budget for FY 2013-2014

ECESR sues government over budget transparency
Egyptian Centre for Economic and Social Rights and political parties demand government reveal annual budget proposal before adopting it

New budget presented to Shura Council
Further taxes are expected

Parties and NGOs call for the release of the public budget
Political groups and civil society organizations call on Shura Council to refrain from making any decision regarding 2013-2014 budget before a public discussion

Egypt’s government withdraws new public budget from Shura Council
Removed draft budget showed that Egypt’s public spending for 2013-2014 fiscal year was set to reach EGP 616bn

Doctors continue to face troubles for siding with strike
Three doctors are being investigated for supporting the 2012 partial doctors’ strike

Budget details released
Subsidies, grants and social welfare benefits set to be cut during coming fiscal year

Quarrels at Doctors’ Syndicate
The syndicate held its General Assembly on Friday amid tension between doctors with different political affiliations

European Parliament calls for suspending aid to Egypt
Democratic reform is a condition for supporting Egypt’s budget; MEPs call for abolishing the death penalty in Egypt

Rebel Economy Wrap
IMF has it wrong on Egypt

Rebel economy wrap
Lost in translation: energy subsidies

New Budget to be presented to Shura Council in March
The Ministry of Finance has consulted with a number of government agencies in order to discuss the budget

Cutting deficits without damaging growth
Average public debt in MENA countries is more than 78% of GDP, and slower than projected growth or higher interest rates could put debt on an unsustainable path.