Latest in Tag: stimulus package Highlight
Latest in Tag: stimulus package
Japan promises huge stimulus package
The Japanese government has said it’ll compile a huge stimulus package to kickstart the Asian country’s flagging economy. The announcement put more pressure on the Bank of Japan to increase monetary easing.
EGP 10bn sovereign fund ready for investment in H2 of FY 2015/2016: Planning minister
Egypt will sign agreement with Saudi Fund for Development to provide fuel and natural gas credit facilities, says El-Araby
First economic stimulus package projects to end in Q1 2015: Planning minister
Many projects in the housing sector, part of the economic stimulus package, will be concluded within two months
Government prepares new economic stimulus package: Finance Ministry
The new package aims to revitalise and expand the activities of the private sector through removing the “bottlenecks” facing economic key sectors.
75% of first stimulus package’s projects completed: El-Araby
Economic platform outlined by Al-Sisi during presidential campaign will be included in 2014/2015 development plan, says planning minister
Investment projects in transportation sector total $3.5bn: Transport minister
A number of transportation projects included in the stimulus package have been completed, says El-Demeiry
Government has spent 40% of economic stimulus plan: Planning minister
Ashraf El-Araby called on the acceleration of implementing the stimulus projects in order to generate revenues in the current fiscal year.
Government has spent EGP 18bn of first stimulus package: Finance minister
The government’s stimulus package will yield results by the end of Q1 2014, Galal says
UAE assistance, budget savings to finance second stimulus package
Egypt signed a $2.8bn agreement with UAE in October to implement development projects
Finance minister discusses current economic situation and challenges for next government
Galal discloses that the CBE has held onto a $9bn deposit since the 1990s, which the government will use to finance its two stimulus packages
Economic stimulus package will not affect inflation or price controls: Finance minister
Galal stated that the government aims to lower the deficit from 14% in the last fiscal year to only 10% during the current year, which he called the most important cause of rising prices.