• Register

CitiBank expects Egypt’s fiscal deficit to remain in double digits

: Wednesday, June 04 - 2014 @ 02:14

Citibank has said Egypt’s fiscal deficit is set to “remain firmly in double digits” with inflation easing in 2014, Daily News Egypt has reported. “The fiscal deficit rose to 11.2% of GDP in 2012 and provisional data for H1 2013 show that there could be a worse outcome this year,” the report said. “Even if a slow pick-up in growth is possible in 2014, we still think that a new government will have to think more comprehensively about economic policy at some point.”

Today's Top Stories

Posted by

Wednesday, June 4- 2014 @ 2:14 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs