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The glass half empty? Egypt's deficit for next year projected at 14%

Finance Minister Hany Kadry Dimian said on Sunday, above a target of 10-10.5% he gave in March. ... Kadry Dimian said on Sunday, above a target of 10-10.5% he gave in March. ... tourists and investment. Last month, Dimian cut the economic growth target for the fiscal year to the end ...

29/04/2014 - 02:11 - comment 0

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

to restore economic activity and boost employment”, Minister of Finance Hany Kadry Dimian announced.Dimian ... and tourism sectors, “in order to restore economic activity and boost employment”, Minister of Finance Hany Kadry Dimian announced. Dimian made the announcement during a meeting between International Monetary ...

17/04/2014 - 04:00 - comment 0

Will future talks between the IMF and Egypt help the country's economy?

the coming presidential elections, said Egypt's Finance Minister Hany Kadry Dimian. Dimian ... Kadry Dimian. ... of the IMF-World Bank's spring meetings . In a statement released on Tuesday, Dimian said the expected ...

16/04/2014 - 11:41 - comment 0

A new scheme: Egypt introduces property tax exemption

for Egyptians unable to pay the new property tax, Minister of Finance Hany Kadry Dimian announced Monday.He ... will bear the tax burden for Egyptians unable to pay the new property tax , Minister of Finance Hany Kadry Dimian announced Monday. He added that “incapable citizens” should submit requests ...

02/09/2014 - 05:50 - comment 0

Egypt's chief IMF negotiator quits

with the International Monetary Fund has resigned, Reuters is reporting. Hany Kadry Dimian was also ... with the International Monetary Fund has resigned, Reuters is reporting.Hany Kadry Dimian was also the country's ... for Egypt's talks over a $4.8 billion loan from the International Monetary Fund. Dimian said, ...

29/04/2013 - 09:25 - comment 0

Egypt's debt pushed to 90% of GDP

budget, Minister of Finance Hany Kadry Dimian announced during a Monday press conference. He added ... down to 90% of GDP in the fiscal year (FY) 2014/2015 state budget, Minister of Finance Hany Kadry ... to EGP104bn.Dimian explained that EGP 207bn will be allocated for wages in the approved budget, as opposed to the EGP ...

01/07/2014 - 11:23 - comment 0

Delusions of grandeur? Why economists are questioning the Egyptian government's ability to meet its self-imposed goals

2013/2014. In his statements over the weekend, Finance Minister Hany Kadry Dimian said ... EGP 2tn in FY 2013/2014.In his statements over the weekend, Finance Minister Hany Kadry Dimian said ... to Dimian. A former government official who preferred to remain anonymous said that “a significant ...

09/07/2014 - 00:59 - comment 0

Here it comes: Egypt's energy subsidy reforms to take effect in July

April statement by Minister of Finance Hany Kadry Dimian, who said the interim government would be able ... it to those who deserve help”. Meanwhile, in March, Dimian described the energy subsidies system ... conditions haven’t been improved.” Dimian explained that restructuring the system would be carried out ...

22/04/2014 - 04:00 - comment 0

Egypt's youth shared their deepest worries

on the country’s budget, and announced their intention to gradually cut them. Interim Finance Minster Hany Kadry Dimian said in March that the government is considering restructuring the energy subsidies ...

09/04/2014 - 04:00 - comment 0

A fresh start? Not really. Meet Egypt's 'new' economic cabinet

and job-creation. Minister of Finance: Hany Dimian Hany Kadry Dimian will be returning as the Minister of Finance. In 2008 Dimian served as the chairman of deputies for the IMF’s International Monetary and Financial committee. According to Reuters, Dimian was “appointed as deputy finance minister in 2007, serving ...

18/06/2014 - 14:56 - comment 0