Primary Deficit

Egypt achieves primary deficit of LE 4B in Q1 of 21/22

Mon, 06 Dec 2021 - 07:42 GMT

Kojak added - during the activities of the second day of the CEO Conference - Monday, that it is targeted to reach the total deficit in the budget for the current fiscal year to 6.7 percent of gross domestic product (GDP).

Budget deficit climbs to LE 85.3B in Q1 of FY 2017/18

Wed, 06 Dec 2017 - 01:28 GMT

Expenditures registered LE 214.1 billion, while revenues stood at LE 129 billion.

Overall, primary budget deficits drop in Q1 of FY 2017/18

Wed, 22 Nov 2017 - 05:05 GMT

The budget’s overall deficit dropped to 1.9 percent of GDP in the first quarter of fiscal year 2017/2018, compared to 2.5 percent last year.

Primary deficit retreats to 0.2% in Q1 of FY 2017/18

Wed, 08 Nov 2017 - 12:01 GMT

Budget revenues hiked 33.2 percent, while expenditures went up 24.4 percent.

No intention to raise fuel prices in FY 2017/18: Minister

Mon, 03 Jul 2017 - 01:26 GMT

Egypt will not see any more increases in fuel prices in the current fiscal year 2017/18, Minister of Finance said.

Egypt said to achieve LE11B in primary surplus next budget

Sat, 10 Jun 2017 - 03:25 GMT

Egypt’s primary deficit is expected to reach 1.7-1.8 percent of GDP in the current fiscal year