2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?
International lending is threatened with the fate of Gulf aid.
20.09.2016 Daily News Egypt
Of the $4 billion, 3 would be spent on development projects, mostly power sector. The remaining $1 billion would be used to bolster foreign reserves.
20.09.2016 The Daily Progress
IMF spokesman said that he expected the Fund's board to meet in the next few weeks to consider a $12 billion financing program for Egypt.
18.09.2016 Ahram Online
High inflation, application of VAT would raise Egyptian pound’s interest rate by 2% by the end of 2016, says analyst.
18.09.2016 Daily News Egypt
President Sisi ratified the VAT and thus is officially implemented.
10.09.2016 Ahram Online
The World Bank has provided Egypt with the first $1 billion tranche of a $3 billion loan, as part of its support for the government's economic program
09.09.2016 Ahram Online
Moody's Investors Service said Egypt's approval of the value-added tax is a credit positive despite being approved at 13% instead of 14%.
06.09.2016 Ahram Online
The successful implementation of this agreement will help Egypt transition to a more market-oriented economy with a robust private sector.
04.09.2016 Daily News Egypt
Change in national tax code will affect all portions of society, unless explicitly exempted.
01.09.2016 Daily News Egypt
SMEs have the ability to provide a large number of jobs to subdue unemployment and produce important products.
31.08.2016 Daily News Egypt
