Latest in Tag: finance ministry Highlight

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Latest in Tag: finance ministry


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Finance ministry working to reduce budget deficit to 3-4% by 2021: El-Garhy

Minister of Finance Amr El-Garhy said during a meeting of the American Egyptian Chamber (AmCham), that the ministry is working to reduce the budget’s deficit to 3-4% by the year 2021, adding that it’s one of the current challenges facing the government. In the meeting held on Sunday, the minister stated that the government has …

Hisham Salah

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Finance Ministry to offer $2.5-3bn in treasury bonds by mid-January

The government will offer US dollar treasury bonds worth $2.5-3bn in mid-January, according to Minister of Finance Amr El-Garhy. He added that another offer of the same value will take place in the second half of 2017. The ministry had initially intended to offer these bonds this week but five investment banks advised a postponement …

Hisham Salah