Egypt Looks to Renew Financing Deal

• Wednesday, 18th October 2017
• by Sarah Samir

Egypt will likely renew its deal with a global banking consortium for another year to strengthen its foreign reserves and to permit the government to implement economic reforms, the Minister of Finance, Amr El Garhy, ...

El Garhy: No Fuel Subsidy Cuts in FY 2017/2018

• Thursday, 28th September 2017
• by Editorial Team

The government has no plans to cut fuel subsidies during fiscal year (FY) 2017/2018, Egypt’s Finance Minister, Amr El Garhy, told the press on Wednesday, Ahram Online reports. Garhy’s statement follows the release of ...