Tag: Amr El-Garhy

Government has not lost faith in economy, confident it will get better: Finance Minister

Egypt aims to develop manufacturing, agriculture, and tourism sectors

Adel M. Fakhry Adel M. Fakhry

IMF deal would be credit positive for Egypt: Fitch Ratings

Government is explaining the importance of the loan to parliament, not concerned…

Shaimaa Al-Aees Shaimaa Al-Aees

Amendments to bidding laws aim to reduce government expenses: finance minister

The recent amendments aim to curb government spending and promote economic development,…

Adel M. Fakhry Adel M. Fakhry

VAT: the lifeline to escape from budget deficit

90% of food commodities are exempt from VAT, says Finance Minister

Shaimaa Al-Aees Shaimaa Al-Aees

VAT is essential for state revenues

90% of food commodities are VAT-exempted, according to Finance Ministry

Daily News Egypt Daily News Egypt

1.8% decrease in Egypt’s imports over 3-month period: customs

Imports of wheat, corn, cars, palm oil have decreased, but imports of…

Adel M. Fakhry Adel M. Fakhry

Infrastructure projects are the cornerstone of Egypt’s GDP growth recovery: Minister

$50bn worth of tax conflicts will be resolved through the new tax…

Mohamed Samir Mohamed Samir

VAT draft law to be sent to parliament within days: Finance Minister

The goal is a simplified tax system for small businesses without additional…

Mohamed Ayyad Mohamed Ayyad

Egypt discusses tax reforms in IMF-World Bank meetings

Egyptian delegation agreed with IMF officials to cooperate in studying methods to…

Doaa Farid Doaa Farid

Banks refuse to adhere to VAT law, awaiting response from new finance minister

The Egyptian Tax Authority demanded that banks operating in the domestic market…

Hossam Mounir Hossam Mounir