Latest news and articles about Egyptian finance from NEX English
The Egyptian Ministry of Finance is preparing for a comprehensive restructuring of local debt instruments during the fiscal year 2026-2027. The focus will be on increasing long-term treasury bond issuances while reducing reliance on short-term treasury bills.
The Egyptian Ministry of Finance has announced a total cost of <strong>100 billion pounds</strong> for the increase in state employees' salaries, effective from the beginning of July. This initiative aims to enhance the living standards of public sector workers amidst challenging economic conditions.
Egypt's Minister of Finance, Mohamed Maait, announced the upcoming launch of a new phase of the 'Citizen Support' program at Egyptian postal offices in the coming days. This initiative reflects the government's commitment to enhancing financial support for citizens amid current economic challenges.
The Egyptian Ministry of Finance has announced the re-launch of the 'Citizen Bond' offering a monthly return of up to <strong>17.75%</strong>. This initiative aims to enhance savings among citizens and support the national economy amidst current economic challenges.