Latest in Tag: the ministry of finance Highlight
Latest in Tag: the ministry of finance
CBE allocates EGP 3bn from tourism initiative for salaries, maintenance works
Finance Ministry approves EGP 3bn in credit guarantees for banks to cover 5% interest financing granted to maintain tourism employment
Egypt to offer dollar-denominated T-Bonds, selects five lenders
The ministry said that the offering comes to exploit most of the improvement in current economic conditions in emerging markets, and lower yield on Egyptian T-bonds in the secondary market.
Egypt to turn GPSSA into investment entity
Finance Ministry to repay EGP 1.3tn for pension funds over seven years
Egypt targets to reduce public debt-to-GDP to pre-2011 level by end of FY2021/22
Ratio aimed to reach 77.5% by end-June 2022
Egypt’s balance of international bonds in European currency rises to €4bn
Finance Ministry launches 2 new tranches, one for 6-year term worth €750m, second for 12-year term worth €1.25bn
Total government debt increased to EGP 4,315bn, budget deficit decreased to 3.1% of GDP
GDP grew by 5.2% during FY 2017/18, compared to 3.6% during last FY
Capital gains tax continued to be suspended until 2020: Finance ministry
Collecting government electronic payments is mandatory for governmental agencies’ customers as of January
ETA completes preparations to implement decision to submit tax return declarations online
The Ministry of Finance confirmed that the Egyptian Tax Authority (ETA) has completed its preparations to begin implementation of the decision of the minister of finance obligating the tax community to submit tax returns online. Thus, the ETA has prepared many online facilities and equipment to facilitate the implementation of the decision by the tax …
Activation of online tax declaration service starts this week
Online inquiry available for results of form 41 of tax collection system
Government responds to MPs by providing additional EGP 10m for Youth and Sports Ministry
Spending will be based on needs: Finance Ministry official
IMF reviews Egypt’s economic reform program on Tuesday in Cairo
Review includes fuel subsidies, discuss the public debt with the Egyptian authorities
EGP 683.07bn total outstanding balances of local treasury bonds until late May 2017: El-Garhy
$14bn foreign bonds, including $10bn issued during the past 10 months
Investment council recommends transfer of Private Sector Partnership Unit
Coordination meeting between finance and investment ministries scheduled to study the recommendation
Amendments to bidding laws aim to reduce government expenses: finance minister
The recent amendments aim to curb government spending and promote economic development, says El-Garhy
Outstanding balance of treasury bonds at EGP 644.94bn: Dimian
This is besides other treasury bonds issued in US dollars in global markets, worth approximately $7.5bn, according to the Ministry of Finance.
Government agencies owe Ministry of Petroleum over EGP 150bn
Debts owed to the Ministry of Petroleum by other government agencies decreased to approximately EGP 156bn at the end of March, compared to EGP 172bn in February, after the Ministry of Finance paid part of its debts
Ministry of Finance approves Ali Lotfy’s call for pay back of subsidies
Former prime minister called on the rich ‘to voluntarily pay back to the Egyptian Government the value of the subsidies they have received over the last year’