Latest in Tag: economic reform Highlight
Latest in Tag: economic reform
Economic reform programme helped Egypt during pandemic: PM
The Egyptian Cabinet presented on Monday a detailed report to the House of Representatives and the Senate on the progress of the government programme since 2018.
Structural remodelling part of Egypt’s economic reform’s 2nd phase: El-Said
Programme aims to transform Egypt into productive, knowledge-based economy, with competitive capabilities in global economy, says El-Said
Egypt would have been unable to face COVID-19 without economic reform,: Songwe
Government continues to implement integrated package of structural reforms to strengthen country’s macroeconomic structure, says Egypt’s Finance Minister
How can Egyptians reap fruits of economic reform?
Egypt embarked on a bold economic reform programme that included the pound flotation, a reduction in fuel and electricity subsidies, imposing taxes including the value-added tax (VAT), all with the aim of trimming the budget deficit.
Al-Sisi calls for continuing economic reform programme, improving economic and financial indicators
The President emphasized the importance of improving employment and job creation rates, reducing the budget deficit and public debt, and increasing GDP growth
Egypt’s foreign exchange inflows hit $150bn since November 2016
Washington, DC- Foreign exchange flows received by the Central Bank of Egypt (CBE) since the flotation of the Egyptian pound since 3 November 2016 exceeded EGP 150bn, Governor of the CBE Tarek Amer said on Friday. Amer added in an exclusive statement to Daily News Egypt on the sidelines of the International Monetary Fund’s (IMF) …
Cash subsidy policy keeps pace with changes resulting from economic reform: minister of social solidarity
Expanding six programmes complementary to ‘Takaful and Karama’ amounting to EGP 655m
Op-ed review: Economic measures’ impact on citizens revisited five years after 30 June
President Abdel Fattah Al-Sisi reiterated the necessity of undertaking economic reform measures in a public speech commemorating the 30 June uprising, promising prosperous results and job opportunities, and saying that Egypt is on the right track in implementing its programme. Writers continued to evaluate its impact on citizens. In state-owned newspaper Al-Ahram, Farouk Goweida demanded …
Economic reform programme results suggest we are on right track, says Al-Sisi
‘Egyptian Army, security forces succeed in besieging, halting spread of terrorism,’ Al-Sisi on anniversary of 30 June uprising
Egyptian shares to resume rally soon amid fresh stimulus as economic reforms push on
Benchmark EGX30 index may retest resistance at 16,260, 16,336 points
90% of Egypt’s economic reform programme completed: Finance Minister
Maeet expects inflation to rise only temporarary as the economy absorbs the shock from the recent hike
Engineers of Egypt’s neoliberal economic reform programme
Egypt’s economy has witnessed remarkable, radical changes during the past two years since the rise of the price of the US dollar in mid-2016, which led the government to begin the economic reform programme that was long postponed due to fear of the challenges it would pose to citizens. The country’s economy was severely impacted …
Op-ed review: Egypt’s economic reform impacts, political future pressurised
As a number of writers continue to comment on the Iranian-Israeli conflict, many focused on local affairs, especially economic ones, amid the new increase in metro ticket prices. Emad El-Din Hussein, editor-in-chief of the privately-owned Al-Shorouk newspaper, was almost the only writer to pick up the metro tickets issue. He presented both the government’s argument …
Telecommunications sector suffers from quick implementation of economic reform decisions
CBE is at clear pace to push electronic payments sector: Sabry
Egypt’s economic reforms program proceeding well: IMF mission chief
Continuing disinflationary trend has reduced risk of entrenched inflation pressures
Economic reform program starts to pay off: Prime Minister Sherif Ismail
The worst is over and the country’s economy is steadily moving towards sustainable development
Economic reform decisions bring Egypt back to global investment map: BEBA
A “doorknock” delegation, organised by the British Egyptian Business Association (BEBA), revealed that there are positive indicators for Egypt’s transformation towards attracting major investments in the near future. This was announced during BEBA’s visit to the UK from 8 to 10 November, with the participation of more than 50 companies and financial institutions. During …
Economic reforms to give Egypt an investment lift
Experts at next year’s Cityscape Egypt Business Breakfast set to weigh in on the impact of recent economic changes to the country’s real estate sector
Photojournalist arrested on 11/11 detained for 15 days pending investigations
Abdel Rahman Taher was assigned to cover the potential Friday protests
Al-Sisi avows protection of low-income citizens as economic reform programme makes headway
The president met with ministers and key figures following the IMF’s approval of the $12bn loan
Floatation decision may increase poverty rates in Egypt to unprecedented levels: ECESR
Inflation will not decrease to 20% by the end of this year, as it could increase up to 30% by the middle of next year, according to the report
Economic reforms will ignite uprising of the poor: political parties, figures
State decision to float Egyptian pound sparks criticism from political parties and rights groups
Cost of government debt threatens economic reform programmes
The government successfully controls the subsidies and salaries bills, but fails to handle the interest on government debt
Only the Egyptian people can solve their current economic problems: ex-CBE governor
Egypt has lived through more difficult problems, but the collaboration between Egyptians and increased high-quality production helped overcome those problems, says Hassan
Egypt is stable, state will not renounce economic reform plans: PM
We cannot leisurely take our time anymore; the government is continuously working to fix the taxes and customs systems, says Ismail
International cooperation minister discusses economic cooperation with European Commission
Programmes and projects funded by the European Commission are tackled with Deputy Director General, Katerina Mathernova
Egypt lifts cooking gas prices, why it’s trivial
By Farah Halime How fitting that on April Fool’s Day, the Egyptian government attempts to deceive us all by claiming that its plans to raise the price of state-subsidised cooking gas for the first time in two decades will actually make any difference to the country’s energy subsidy spending. In fact, it won’t, and it is unlikely …
Reactionary not progressive: Egypt’s economic policy
By Farah Halime In a desperate move to save power, Egypt’s international airport will close most of its runways for four hours each day from early June, Reuters has reported. The airport is the latest casualty of Egypt’s struggle to pay for fuel imports. As if to soften the blow, Reuters quoted the civil aviation minister Wael al-Maadawi …
FJP to restructure the National Investment Bank
The FJP’s economic committee sets out to restructure the National Investment Bank due to the intricate problems and inefficiencies it currently suffers
Singapore PM urges India to push reforms
New Delhi (AFP) — Singapore’s prime minister on Wednesday urged India to press ahead with economic reforms and added that foreign investors need a “predictable” environment in which to invest their money. Visiting Prime Minister Lee HsienLoong’s comments in New Delhi come as foreign investors have expressed growing concern about India’s paralysed reform process, policy …