State spending limit to curb inflation says PM

Tue, 21 May 2024 - 01:28 GMT

Minister of Finance, Mohamed Maait, revealed the cap back in March, noting that it aimed to create more opportunities for the private sector to participate in the economy

Egypt reduces state investments to rationalize spending for FY2023/2024

Thu, 01 Feb 2024 - 05:30 GMT

According to the decision, there is a postponement in working on new projects, in addition to a prohibition on entering into any new contracts

El Said commences meetings to chart new FY investment plan and checks on FY23 progress

Tue, 26 Dec 2023 - 01:59 GMT

Minister of Planning, Hala El-Said, met with ministry officials on Tuesday to evaluate the FY2023/2024 plan and achievements, project completion rates, and other key indicators under MPED’s purview