New Budget awaits Amendments demanded by Sisi: Source
The final ratification for Egypt's state budget for the fiscal year due to start Wednesday is pending amendments…
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value-added tax
S&P revises Egypt Outlook to Positive, citing ‘Gradual Economic Recovery’
Ratings provider, Standard and Poor's updated its outlook on Egypt from "stable" to "positive" on Friday, citing…
Egypt Denies Reports about New Talks with IMF
Egypt's Finance Ministry has rebutted recent reports about resuming negotiations with the International Monetary…
Egypt to Introduce 10-12% VAT – Official
Mamdouh Omar, head of the Income Tax Authority said the government will finalize a bill on a value added tax (VAT)…
IMF Delegation to Visit Egypt in January – Source
A delegation from the International Monetary Fund (IMF) will visit Egypt during the first week of January in order…
Egypt Has to Undergo ‘Faltering’ Stage Before Restoring High Growth Rates
Egypt will be seeing a stage of an economic unsteadiness before being able to recover and restore high growth rates…
Egypt, IMF Delegation Discuss Applying VAT
Finance Minister Ahmed Galal held a meeting on Wednesday with the delegation of International Monetary Fund (IMF),…
IMF in Egypt for First Time Since 30 June
In its first visit to Egypt since 30 June uprising, an International Monetary Fund (IMF) delegation met with…
Egypt Interim Govt Targets GDP Growth between 3-3.5% in 2013/14
Dr. Ahmed Galal, Egypt’s Minister of Finance, stated that government targets to push GDP growth between 3-3.5% in…