After the presidential ratification of the New Customs Bill, Finance Minister Mohamed Mait told press Saturday that the customs management system is being upgraded and automated. The minister elaborated that the introduction of the single-window system...اقرأ المزيد
The 2020/2021 budget will continue to prioritize health, education and social conditions, Finance Minister Mohamed Mait said Saturday. “Building the Egyptians” is the bath recent budgets have proclaimed; the new budget will support scientific...اقرأ المزيد
Minister of Public Affairs Hesham Tawfik affirmed the government’s commitment to its IPO program, adding that the timing of the offering will depend on the right price point for the stock that should come in line with the agreed upon pricing mechanism....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
Minister of Finance Mohamed Ma’it said that the changes of the exchange rate and other economic factors affected some aspects of the Egyptian economy negatively, so the Ministry had to take actions to protect the employment and job opportunities. The...اقرأ المزيد
Publication of 2019/2020 budget reveals the government’s target to raise economic growth rate to 6.5 percent, compared to 5.3 percent in fiscal year 2017/2018, to reach a domestic product of LE 6.214 trillion. The publication also showed a target to...اقرأ المزيد
