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Egypt achieves first surplus in 2018 budget

Media In – Rasha el sharkawy 5 June Egyptian Finance Minister Mohamed Meit announced an initial surplus of 0.2% in the fiscal year 2017-2018, which ended on June 30. The expected revenues for the current fiscal year 2018-2019 will be 989 billion pounds ($ 55.47 billion), of which Egypt will …

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8% decrease in electric load in Jordan

Media In / Agencies / Amman 5 July 2018 The maximum electric load in Jordan fell by 8% to 2,MW compared to 3020 MW  . The assistant director general for operation and planning in the Jordanian National Electricity Company, Eng. Amin Zaghl, said that the drop of loads and the …

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Egypt: aims to reduce public debt to 80% in 2022

  Media In – Rasha el sharkwy   3 July Egyptian Prime Minister Dr. Mustafa Madbouli said that 85% of the economic reform program has been implemented. He pointed out that the government aims to reduce the ratio of public and government debt to sustainable rates not exceeding 90% of GDP …

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