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Latest in Tag: ministry of finance


14.7% increase in health expenditures during H1 of FY 2020/21: Maait

Mohamed Maait, Minister of Finance, said that the first half (H1) of fiscal year (FY) 2020/21 witnessed an increase in health sector expenditures by about 14.7%, mainly directed to finance medical requirements to combat the novel coronavirus pandemic, and increased allocations for health insurance. The minister added that these expenditures included funding to continue supporting …

Daily News Egypt


Egypt’s e-government receipts increase up to EGP 4bn monthly during COVID-19

Egypt’s e-government receipts jumped in 2020, from EGP 1bn to EGP 4bn per month following the outbreak of the novel coronavirus (COVID-19) pandemic. The significant jump reflected an annual growth of 250%, highlighting strength of the country’s electronic payment (e-payment) and collection system, according to Minister of Finance Mohamed Maait. Maait said that the executive …

Daily News Egypt