Budget deficit

Egypt’s current account deficit remains almost unchanged in July/March FY 2021/22: CBE

Egypt’s current account deficit remained almost unchanged, recording $13.6bn in the first three quarters (July/March) of fiscal year (FY) 2021/22, despite the increase of $3bn in the trade balance…
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Egypt’s budget deficit seen at EGP 368 bln in 8 months

Egypt's budget deficit hit EGP 368 billion from July 2021 to February 2022, compared to EGP 320 billion during the same period a year earlier, the Finance Ministry said in a report Thursday.
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Egypt targets 6.7% budget deficit in FY21/22

The budget deficit is expected to narrow to 6.7 percent of GDP, from an expected 7.7 percent in the current fiscal year, before falling to 6.2 percent in FY 2022-2023, according to The Ministry of…
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