The public budget, with both revenues and expenditures, is the mirror reflecting the government’s social and economic biases and the choices governments make for the citizenry.
Files: National Budget
The absence of effective, national channels for discussion or negotiation between the state and competing social forces, which would allow them to reach more fundamental solutions that reflect their competing interests, in order to contain the rancor on both sides.
The political administration reduced the budget deficit to under 10% using controversial economic measures without taking the necessary measures to protect the poor from the inevitable resulting inflation and increase in prices.
EIPR has issued a study titled, “Revisiting the Growth-Poverty Nexus in Egypt, with Reference to the World Bank Country Partnership Strategies.”
Continuing with the blackout approach by the regime, the Minister of Finance presents the 2013-2014 draft budget to the Shura Council without making it available to citizens.
The International Budget Partnership (IBP) has recently released the results of the Open Budget Survey (OBS) 2012, providing a comprehensive analysis of the state of budget transparency and accountability in countries around the world.
On Saturday, 4 June, Finance Minister Samir Radwan met with party leaders, economic experts and civil society representatives to discuss the new state budget for 2011-12, approved by the Cabinet on Wednesday, 1 June.