The Finance Ministry will present the House with a report on the government’s ‘private accounts’ (or slush funds, as we prefer to see them) in two days’ time, Minister Mohamed Maait said yesterday, Al Masry Al Youm reports. The ministry is currently putting together a list of all private accounts and details on their cashflows to present to House representatives, who renewed their calls for greater oversight of the unpopular funds after it was revealed that a private fund belonging to the Cairo Governorate recorded a surplus of EGP 140 mn. Former finance minister Amr El Garhy had said that provisions to regulate private accounts could be included in a bill that is currently being reviewed by the House Budgeting Committee.

A shuffle of governors could be announced by the end of this week, Al Shorouk reports. Prime Minister Mostafa Madbouly has given a preliminary outline of the shuffle to President Abdel Fattah El-Sisi and Local Development Minister Mahmoud Shaarawy.

Next tranche of IMF loan in July? The IMF’s executive board will meet on 29 June to decide on the fourth USD 2 bn tranche of Egypt’s USD 12 bn extended fund facility. The disbursement, which is expected to arrive in July, would bring the total amount Egypt has received under the facility to USD 8 bn.