Latest in Tag: finance minister Highlight
Latest in Tag: 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
“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.
Finance Ministry issues guide for tax treatment of return on stock transactions to facilitate procedures for taxpayers, comply with provisions of laws in force
It reflects success of Egypt’s economic reform programme, says Maait
Several state-run companies to debut on EGX in upcoming period
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.
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.
Government transfers about EGP 345bn to pension funds in 25 months
Ports will become transit gates for goods, rather than merely place for storage, says Maait
New MSMEs law includes many incentives to integrate informal sector with formal economy
Percentage of green public investments doubled to reach 30% in new budget, says Maait
Announcement will be mandatory component of advertisement, so that taxpayers can avoid tax evasion
Total of 600 exporting companies submitted applications during 1st week of 3rd phase
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.
Egypt’s Finance Minister meets South Korean Ambassador to discuss bilateral relations
Country attracted international praise for quickly dealing with global health crisis, delivering strong performance by implementing all targeted reforms on time
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.
Government to establish state-owned company to manage, implement sukuk process
Public Treasury and Mint to produce coins highlighting national achievements
New steps aim to reduce time required for issuing final approval for new vehicle financing
400 major import companies join ACI pre-registration shipment system, did not reject requests to import shipments through new system
Country achieved initial surplus of EGP 48bn between July 2020 and April 2021, says Mohamed Maait
System forms part of electronic information platform that aims to facilitate, enable customs procedures
Egypt backs African economies in light of pandemic in order to sustain production, says Maait
Modernising, automating real estate tax administration system taking place to make it easier for citizens, said Mohamed Maait
All land, sea, and air ports will be connected through electronic ‘one-stop shop’ system
Mohamed Maait, Canadian Ambassador in Cairo discuss strengthening economic, development cooperation, trade partnership
Visit to include discussions on ways to strengthen economic relations between two countries
Egypt achieves initial surplus of EGP 25bn despite negative effects of COVID-19 crisis
Egyptian law stipulates that every taxpayer is obliged to issue tax invoice or receipt in electronic form