Egypt’s New Budget Targets 14.5% Deficit Cut
Egypt’s Ministry of Finance has published in its July 2013 Financial Monthly preliminary details of its budget for fiscal 2013-14 (which started on 1 July). This targets a deficit 14.5% down on that contained in the latest revision to the 2012-13 budget; taking actual revenue and expenditure figures for the first 11 months of 2012-13 implies an even more ambitious 17% cut (see table). Of course with...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!