During the first four months of the fiscal year 2017/2018, state revenues amounted to EGP 179.2bn, the Central Agency for Public Mobilisation and Statistics (CAPMAS) said.
In a recent report on the state’s total revenues and receipts during the period from July to October 2017, the CAPMAS pointed out that tax revenues accounted for the largest share of the total revenues made during the aforementioned period at 77.9% of total revenues, with a value of EGP 139.6bn, compared to EGP 89.5bn during the period from July to October 2016.
During the first two months of the current fiscal year, the state’s revenues reached EGP 74.5bn and the amount continued to increase at the end of the first quarter to reach EGP 129bn by the end of September 2017.
