Latest in Tag: finance minister Highlight
Latest in Tag: finance minister
Egypt expands stimulus to maximize private sector role in development: Finance Minister
EGP 28bn disbursed in export subsidy from March 2020 to June 2021, with additional EGP 8bn allocated in FY 2021/22 to support exports, says Maait
Egypt should rely on private sector to finance economic growth, create jobs: Finance Minister
“We have no other alternative than to go down this road. We make it very clear with the economic structure reforms that we drafted and presented, that we must rely more on the private sector,” Maait said.
No intention to impose new taxes on EGX transactions: Finance Minister
Finance Ministry issues guide for tax treatment of return on stock transactions to facilitate procedures for taxpayers, comply with provisions of laws in force
Egypt ranks 2nd on Economist’s global normalcy index: Finance Ministry
It reflects success of Egypt’s economic reform programme, says Maait
Egypt aims to achieve 6% growth after COVID-19 pandemic: Finance Minister
Several state-run companies to debut on EGX in upcoming period
No intention to postpone mandatory subscription to ACI system: Finance Minister
He added that his Ministry was proceeding with the national project to modernise and automate the customs system, in implementation of presidential directives to facilitate internal and external trade movement, reduce import and export costs, and reduce customs clearance time, which would reduce prices of goods and services in the local market.
Egypt prepares to issue its 1st sovereign sukuk in H2 of 2021/22: Finance Minister
The offering will provide the necessary funding for investment projects listed in the economic and social development plan in the state’s general budget, to achieve development goals in line with the state’s efforts to enhance expenditures to improve citizens’ lives. He pointed out that the timing, size and type of offering will be determined later.
Egypt allocates EGP 3.9bn to support social housing during FY 2019/20: Finance Minister
Government transfers about EGP 345bn to pension funds in 25 months
Automation of Egypt’s customs sped up to reduce foreign trade costs: Finance Minister
Ports will become transit gates for goods, rather than merely place for storage, says Maait
Egypt keen on stable tax policies to attract more investors: Finance Minister
New MSMEs law includes many incentives to integrate informal sector with formal economy
Egypt’s green investments expanded by presidential mandate: Finance Minister
Percentage of green public investments doubled to reach 30% in new budget, says Maait
From now on, taxpayers must disclose unified tax number when advertising goods: Finance Minister
Announcement will be mandatory component of advertisement, so that taxpayers can avoid tax evasion
High turnout in 3rd phase of lump-sum export subsidy dues payment: Finance Minister
Total of 600 exporting companies submitted applications during 1st week of 3rd phase
Presidential mandate removes obstacles to private sector, advance its activities: Finance Minister
This mandate also endeavours to advance the private sector’s activities in various sectors, which contribute to maximising production capacities and deepening the local component in the national industry.
Structural reforms to enhance private sector participation in development: Finance Minister
Egypt’s Finance Minister meets South Korean Ambassador to discuss bilateral relations
Egypt Government policy of fiscal, monetary policy harmony reduced COVID-19 repercussions: Finance Minister
Country attracted international praise for quickly dealing with global health crisis, delivering strong performance by implementing all targeted reforms on time
Egypt should brace public-private partnership on comprehensive health insurance: Finance Minister
This is with a view to ensure the success of the comprehensive health insurance system, through the serious pursuit of contracting with major hospitals and private health and medical centres across Egypt. This will take place once these hospitals and centres are approved by the General Authority for Control and Accreditation.
Egypt prepares to issue its first sovereign sukuk: Finance Minister
Government to establish state-owned company to manage, implement sukuk process
EGP 600bn allocated to develop Egyptian countryside: Finance Minister
Public Treasury and Mint to produce coins highlighting national achievements
New facilities to beneficiaries of vehicle replacement initiative: Finance Minister
New steps aim to reduce time required for issuing final approval for new vehicle financing
Only goods imported through ACI system to enter Egypt from July: Finance Minister
400 major import companies join ACI pre-registration shipment system, did not reject requests to import shipments through new system
Egypt’s incentive programmes target expanded private sector investment, development: Finance Minister
Country achieved initial surplus of EGP 48bn between July 2020 and April 2021, says Mohamed Maait
250 importers join Egypt’s ACI system within month: Finance Minister
System forms part of electronic information platform that aims to facilitate, enable customs procedures
Egypt supports Afreximbank’s efforts to facilitate COVID-19 vaccine access in Africa: Finance Minister
Egypt backs African economies in light of pandemic in order to sustain production, says Maait
22 million real estate units in Egypt registered electronically so far: Finance Minister
Modernising, automating real estate tax administration system taking place to make it easier for citizens, said Mohamed Maait
Egypt to bring on new leading customs staff to achieve economic targets: Finance Minister
All land, sea, and air ports will be connected through electronic ‘one-stop shop’ system
Egypt keen to increase public investments to improve citizens’ quality of life: Finance Minister
Mohamed Maait, Canadian Ambassador in Cairo discuss strengthening economic, development cooperation, trade partnership
Finance Minister begins official 2-day visit to Khartoum
Visit to include discussions on ways to strengthen economic relations between two countries
Finance Minister invites investors to benefit of Egypt’s promising development opportunities
Egypt achieves initial surplus of EGP 25bn despite negative effects of COVID-19 crisis
Companies uncommitted to e-invoice system will be referred to prosecution: Finance Minister
Egyptian law stipulates that every taxpayer is obliged to issue tax invoice or receipt in electronic form