State Budget

Finance minister: State repaid LE 288 billion to National Organization for Social Insurance in 2 years

Fri, 02 Apr 2021 - 01:28 GMT

Finance Minister Mohamed Maeit said the State's general budget repaid EGP 288 billion to the National Organization For Social Insurance (NOSI) in 21 months upon directives of President Abdel Fattah El Sisi to settle the financial entanglement with the organization.

Scholarship’s share hit 3 billion in 2019

Sat, 20 Apr 2019 - 11:30 GMT

The State's budget of the fiscal year 2019/2020 increased the scholarship’s share up to LE 3.8 billion

New regional ring road saves the state LE 900M, Minister

Fri, 06 Jul 2018 - 01:18 GMT

The new regional ring road spares the state budget around 900 million annually: Hisham Arafat

Sisi nods ‘trillionistic’ state budget

Thu, 03 Aug 2017 - 10:59 GMT

The budget expenditure was LE 1.207 trillion, while the revenues were set at LE 852.34 billion.

Draft budget allocates over LE 68B for higher education

Tue, 06 Jun 2017 - 08:46 GMT

State budget draft for FY2017/18 allocates over LE 68 billion for higher education and LE3 5 billion for scientific research.