Sunday 4 October 2015
budget gap

Egyptians have to work hard to shrink budget gap

Egypt revised its budget deficit for the 2011/12 fiscal year sharply higher and its finance minister told Egyptians they would have to work harder to help plug this big gap between spending and revenue. The deficit was 170 billion


Dubai sukuk 'enough to manage budget gap'

Proceeds from Dubai's new $1.25 billion, two-tranche Islamic bond provide enough funds for the emirate to manage its budget deficits and refinancing plans, a senior government official said. Dubai priced on Wednesday a $600 million 5-y

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