Friday 19 December 2014
 
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fiscal deficit

Bahrain renews efforts to reduce deficits

Statements by the Bahraini government to reduce its fiscal deficit and contain the rise in debt signal a renewed determination to improve its government finances, said a report released by Moody's Investors Service. The presen

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Egypt current account deficit falls to $5.58bn

Egypt's current account deficit narrowed to $5.58 billion in the fiscal year to end-June from $10.15 billion in the year to end-June 2012, the central bank said on Tuesday. Foreign direct investment into Egypt fell to $3.00 bi

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