In today’s world, where knowledge and innovation primarily drive economic growth, the strategic allocation of public funds to education is paramount. Egypt, a nation with a young and rapidly growing population, has recently demonstrated a significant commitment to this principle.
Updated 9/2/2025 12:09:00 PM
The Egyptian cabinet approved a draft decision to rationalize investment spending by 15% under the economic development plan for the current fiscal year (FY) 2023/2024.
Updated 2/1/2024 12:01:00 PM
Egypt’s total budget deficit shrank to 6% of the gross domestic product (GDP) during the fiscal year (FY) 2022/2023, Minister of Finance Mohamed Maait revealed.
Updated 1/8/2024 1:24:00 AM
The Egyptian cabinet has endorsed a draft resolution on the rationalization of the government spending for the fiscal year (FY) 2023/2024 amid the current foreign currency shortage.
Updated 11/5/2023 7:55:00 AM