Egypt’s cabinet denied reports claiming that the government could impose new taxes on the citizens to face the fiscal deficit, the cabinet said in a statement on Friday. “The Ministry [of Finance] has not issued any decisions in this regard,” the...اقرأ المزيد
Egypt’s foreign reserves rose by about $106 million, recording $44.218 billion by the end of April 2019, compared to $44.112 billion by the end of March 2019, according to the Central Bank of Egypt (CBE). The current average of foreign reserves covers...اقرأ المزيد
Egypt’s foreign reserves rose by $1.4 billion by the end of February 2019 to reach $44.06 billion, compared to $42.6 billion by the end of January 2019, according to the Central Bank of Egypt (CBE). Egypt spends an average of $5 billion monthly on...اقرأ المزيد
Egypt’s foreign reserves increased by $12 million by the end of November 2018 to reach $44.513 billion, compared to $44.501 billion by the end of October 2018, according to the Central Bank of Egypt (CBE). Minister of Finance Mohamed Ma’it said previously...اقرأ المزيد
