Expenditure

Egypt's expenditures increased by 11.2% in 11 months

Mon, 27 Jun 2022 - 05:59 GMT

Spending on subsidies, grants and social benefits rose by about LE 33.2 billion to reach LE 264.8 billion within 11 months, and spending on subsidizing food commodities increased by LE 12.7 billion to reach LE 83 billion during the period of the study.

Egypt's total expenditures hit LE 2.71T in 2022/2023 budget

Mon, 09 May 2022 - 03:08 GMT

Minister Maait said the total expenditures in the new budget are expected to hit LE 2.71 trillion.

Egypt achieved primary surplus of 1.46% of GDP in 2020/21

Wed, 20 Apr 2022 - 02:47 GMT

Expenditure on subsidizing food commodities rose to LE 83 billion, compared to LE 80.4 billion in the 2020-2021 fiscal year, with an increase of 3.2 percent, and actual spending on the social protection sector increased by 16.5 percent over the 2020-2021 fiscal year.

Total expenditures rose by 19.7% in 2 months - Ministry

Sun, 10 Oct 2021 - 04:38 GMT

Food commodities' subsidies rose to LE 6.8 billion during the study period, while allocations to the state treasury’s contribution to pension funds reached about LE 19 billion, it added.

Planning min., IMF delegates discuss surveys of income, expenditure, labor

Tue, 25 May 2021 - 03:47 GMT

Saeed's remarks came during her videoconference meeting with representatives of the International Monetary Fund (IMF) to discuss results of surveys of income, expenditure, and labor, the Planning Ministry said in a statement.

Egypt’s public revenues mark LE 805.7B in 2017/18: CBE

Sun, 30 Dec 2018 - 02:40 GMT

CBE added that the total expenditure hit 1.229 trillion, bringing the total deficit to LE 432 billion, or 9.8 percent of Egypt's gross domestic product (GDP).

Cabinet discusses new budget for FY 2018/19 Sunday

Sun, 18 Mar 2018 - 01:31 GMT

The government targets a primary budget deficit of two percent of GDP and curbing budget deficit to 8.5 percent.

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