EconSource: Egypt Received $10.6 Billion from Gulf Last Year


According to the Egyptian finance minister, Egypt received $10.6 billion in aid from Gulf states in the last year. This marks the first time that the Egyptian authorities have put a total figure to the amount in aid, petroleum products and grants received from the Gulf region.

Economic vision of Tunisian government is a good roadmap

According to the International Monetary Fund (IMF) the economic vision set out by the Tunisian government in September during the “Invest in Tunisia, Start-up Democracy” conference is a “good roadmap.” The plan has found strong support by international donors, political parties, and meets the standards of the reform program backed by the IMF. [TAP (subscription)]

Iraqi oil ministry denies it set budget oil price at $90

The Iraqi Minister of Oil denied a previously reported comment in which it supposedly had identified the price for a barrel of crude oil at $90 within the 2015 budget. The ministry also asserted that it had identified a loss of 27 percent of the expected crude oil revenues in the current year. [Zawya]

Jordan rejects IMF imposed taxes

According to Jordanian finance minister, the ministry has rejected the proposed increase in sales and other taxes proposed by the IMF. The ministry has reportedly presented a package of alternative measures in order to increase revenues and control spending. [Zawya]

Also of Interest:
What happened to the Middle East Marshall Plan | Open Democracy
Egypt’s economic summit postponed to March | Ahram Online, Zawya
Amman Chamber of Commerce reveals lower exports during ten months | Jordan Times
Morocco seeks to support social enterprise | Magharebia
Yemen sells 1.5 million barrels of Masila crude to Unipic | SABA