Government anticipates higher growth rates
Builders of Egypt Forum kicks off, minister of planning foresees boom in construction industry
Latest in Tag: fiscal Highlight
Latest in Tag: fiscal
EGP 45.5bn growth in deposits during 1Q 2014: CBE
Total government deposits at the end of March were EGP 169.412bn, decreasing EGP 1.29bn from December 2013, when deposits were EGP 170.702bn
Private business accounts for 63.2% of credit facilities end of March: CBE report
Central bank announces 2.6% increase in total credit facilities
IMF studies Egypt’s economy and development
IMF: The political uncertainly Egypt underwent has clouded the economic outlook and impacted the policy performance.
New budget presented to Shura Council
Further taxes are expected
New fiscal measures to address state budget deficit
By Islam Zayed and Mohamed Abdel Monsef The Government has prepared a new bundle of legislation aimed at increasing national revenue and alleviating budget strain. The legislation is scheduled to be enacted by year’s end. The Ministry of Finance (MOF) will enact further legislation to collect overdue taxes. The new bill resembles the tax payment …
‘Fiscal cliff’ plan will send US into recession: CBO
Washington (AFP) — The US Congress’s budget analysts said Wednesday that current plans designed to slash the budget deficit after January 1 will plunge the country into recession and push up joblessness. The Congressional Budget Office said the poison-pill political deal on the budget last year — sharp cuts to spending and tax increases that …
Maridive posts $22.8m in losses during first half of 2012
MOIL Egypt facing a tough fiscal position, losses $22.7 millions in the first half of 2012