Egypt’s tax revenues rise 29% in July-March period, FinMin says

Egypt’s tax revenues rose 29 per cent in the first nine months of fiscal year 2025/26, supported by stronger economic activity, a broader tax base, and efforts to simplify tax procedures, Finance Minister Ahmed Kouchouk said on Monday.

The increase was achieved without imposing additional tax burdens, Kouchouk said in a statement.

The minister said the government plans to introduce new tax, customs, and real estate facilitation measures during fiscal year 2026/27 as part of efforts to improve compliance and reduce administrative burdens on taxpayers and investors.

He added that a second package of tax reforms would target simplifying procedures and improving services for businesses and individuals.

Kouchouk said authorities have implemented around 40 tax and customs measures designed to facilitate investment, support business expansion, and improve the operating environment for companies.

The government is also continuing efforts to reduce customs clearance times, boost trade flows, and enhance the competitiveness of the economy, he said.

He added that mobile applications for property tax payments and real estate transactions are expected to be launched in the coming period, alongside the expansion of specialised tax service centres as part of a broader digital transformation programme.

Kouchouk said the reforms are intended to strengthen Egypt’s economic competitiveness and support productive and export-oriented sectors.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser