23 Jul 2012
(MENAFN) Egyptian Ministry of Finance presented a draft budget with an expected 12.5 percent increase in budget deficit to USD22.26 billion, Reuters reported.
The ministry said that the projected deficit represents 7.9 percent of the forecasted gross domestic product (GDP), down from 8.2 percent a year earlier.
The budget also predicts total expenditure to reach USD85.7 billion, up from USD76.5 billion in 2011/12, the ministry added.
Egypt’s 2012/2013 fiscal year began on July 1.
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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