Latest in Tag: finance ministry Highlight
Latest in Tag: finance ministry
Dimian said the EGP 136m price tag represent 25% of the value of the project’s first phase, which aims to supply and install 1m devices. The project is set to reach approximately 3.98m devices with the completion of the six-phase project.
Private sector implementation of project will increase economic growth rate the next period
Budget deficit compensated by EGP 95.8bn oil aid, EGP 21.5m monetary aid from the Gulf
Ministry of Finance raises allocations to TAA to participate in 21 tourism exhibitions across the world
CBE’s temporary ‘financial’ account is strategic reserve and will not be used to solve budget deficit
IMF assessment of Egypt’s economy still due before the economic summit, with goal to restore international market confidence, says Dimian
The official expected the certificates to collect between EGP 30bn and EGP 40bn
Annual profit deduction of 10% compared to last year’s 20%, to strengthen involvement of governorates in development projects
Prices jumped 1% for returns on treasury bills in the hours after central bank raised the interest rates by same amount
Minister of Finance had earlier announced new selling prices
Reuters – The Egyptian government accepted bids for $1.07bn worth of one-year dollar-denominated treasury bills at an auction on Sunday with an average yield of 2.593%, the Central Bank of Egypt said. The total bids amounted to $1.380bn. The Ministry of Finance had set the issue size at $1bn. The minimum yield was 2.54% and …
The new law will cost the Treasury upwards of EGP20bn.
The conference call is the second held by Beltone following last week’s call with presidential advisor Mostafa Hegazy.
Galal: “Social justice will be a primary component of new government policy.”
On Monday, the advisor of the finance minister, Hamdy Samir,confirmed the ministry’s commitment to timely debt payment.
IMF held up by lack of signs of political consensus over the $4.8bn
Banking figures dissatisfied with Shura Council’s decision to raise taxes on loan loss provisions, likely to affect investments
A few days ago I told a Tunisian friend who just arrived some stories about the Egyptian political scene. She listened to me intently while suppressing her laughter, and after I was finished her only comment was: “Cheap Drama..You guys are living in a cheap drama.” I have found her comment not only a fantastic …
The new taxis were bought through financing, and many drivers now say they cannot afford to keep up with payments amid increasing inflation.
The Finance Ministry has previously used similar financial tools as measures to test the performance strength of Islamic bonds and the extent to which they will be attractive for investors.
2,000 megawatts lost over the last two days due to lack of natural gas
Operations remain suspended due to a shortfall in working capital