2017/2018
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).
Eastern Company SAE (EAST) said Thursday that its draft budget for fiscal year 2018/2019 targets to import LE 57.5 billion to Egypt’s public treasury.
The company said that its losses widened 136.7 percent, reaching LE 496 million, compared to LE 209.5 million in H1 of fiscal year 2016/2017.
The release showed that EAST achieved profits of LE 2.32 billion, after taxes, up from LE 890.4 million in H1 of 2016/2017.
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