Egypt registers primary surplus of EGP 5.2 billion in Q1-2020-21
Egypt registered a primary budget surplus of 5.2 billion Egyptian pounds ($331 million) in the first quarter of its…
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Mohamed Maait
Egypt sees economic growth between 2.8-4% in FY2021/22 – minister
Egypt is expecting an estimated rate of economic growth ranging between 2.8 and 4 percent in the financial year…
Egypt to e-link tax, customs, and real estate tax services by end-June 2020 – minister
Egypt’s government plans to link the country’s tax, customs, and real estate tax services electronically by the end…
Egypt expects to receive second tranche of IMF loan in Dec. – finmin
Egypt expects to receive the second tranche of a $5.2 billion financing from the International Monetary Fund (IMF)…
Egypt lost EGP 220 billion in revenues in Q4 due to coronavirus pandemic
Egypt's budget lost 220 billion Egyptian pounds (approximately $14 billion) in revenues in the fourth quarter of…
Egypt’s Cabinet approves draft law to issue its first sovereign sukuk
Egypt’s Cabinet approved on Wednesday a draft law to issue sovereign sukuk. The new law will be sent to parliament…
Egypt’s finance minister pledges no tax increases; income tax reduced
The Egyptian government is not targeting a tax increase in the coming period as the country is moving towards…
Egypt introduces new facilities to increase e-collections
Finance Minister Mohamed Maait announced new facilities to encourage citizens to pay government dues via e-payment.
Egypt’s government e-payments jump 223% end-July: minister
Egypt’s government e-payments rose 223 percent year-on-year at the end of last July, said Minister of Finance…
7.5bn Egyptian pounds allocated to 9 ministries, authorities in August – FinMin
7.5 billion Egyptian pounds ($476.2 million) were allocated to nine ministries and authorities in Egypt last…
