Egypt's general budget deficit has climbed to 8.3 percent of the gross domestic product in the fiscal year 2009/2010. The deficit is estimated at LE99 billion.
According to a report prepared by the Finance Ministry, general revenue has declined by 5 (...)
Finance Minister Youssef Boutros-Ghali confirmed that the government would begin disbursing approved pension increases to approximately 3.7 million citizens, who account for 48 percent of Egyptian pension holders, on Thursday.
In a statement on (...)