A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

June 11 to 17:

The public budget has recorded an initial EGP 54.8 billion surplus between July 2018 and April 2019, according to the Ministry of Finance.

The trade balance deficit rose by 10.1% in March 2019, recording $4.15 billion, up from $3.77 billion in March 2018, Al Borsa reported.

Tax revenues have increased by 17% YoY during the first 10 months of FY 2018/19 to reach EGP 550.3 billion, according to the Ministry of Finance.

The current economic reform program will end in June 2019, and Egypt will soon receive the final tranche of the $12-billion IMF loan, according to GAFI CEO.

Seven new dry ports will be established to boost exports, according to a joint plan between the Ministry of Finance and the Ministry of Transport.

The Federation Of Egyptian Industries (FEI) signed a cooperation protocol with the Arab Union of Customs Executives (AUCE) to enhance Arab economic integration, Al Mal reported.