Egypt Zones accountACCOUNT

State Budget Deficit down by EGP 15.5 billion

Source: www.export-egypt.com 8/16/2014, Location: Africa

Share |
The Ministry of Finance announced the continuation of the reduction of total deficit in the State budget by EGP 15.5 billion to hit 93% of the GDP to record EGP 1,894 billion in 11 months of 2013/2014 FY against about 117% of the GDP in 2012/2013 FY, which hits about EGP 2,049 billion.

In its monthly report, the ministry unveiled an increase in the sovereign revenues to hit about EGP 3,378 billion which equals 166% of the GDP against about EGP 2,713 billion that equals about 155% of the GDP.

In addition, the expenses reordered about 256% of the GDP to the tune of EGP 5,197 billion against about 271% to the value of EGP 4,743 billion.

Economics/Financial Analysis News in Egypt >>




Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.