Latest in Tag: finance minister Highlight
Latest in Tag: finance minister
Egypt’s Finance Minister calls for a unified African vision on financing and climate change issues
The establishment of joint hedge funds to protect African economies from global challenges was also discussed
Egypt is keen to create an attractive and supportive business environment for investors: Finance Minister
The investment climate in Egypt encourages Korean investors to expand their investments: South Korea’s Ambassador to Cairo
Meeting basic needs of citizens is government’s top priority: Finance Minister
Sharp rise in international prices of energy, primary commodities was taken into account in draft budget
Digital transformation projects to be completed by June: Finance Minister
Over 4 million Meeza cards were issued for state employees in 2021
Egypt on green, sustainable finance map: Finance Minister
We obtained our first green finance worth $1.5bn: Maait
We are racing against time to transform into a digital economy: Finance Minister
All projects to develop and automate tax and customs systems will be completed before the end of June 2022
Base of beneficiaries of vehicle replacement initiative to be expanded: Finance Minister
The state’s public treasury bore EGP 314m for over 14,700 new cars: Maait
IMF’s upgraded growth forecast for Egypt shows confidence in economy: Finance Minister
Economic reforms have made us better able to deal with global challenges, says Maait
There are attractive opportunities for partnership with private sector: Finance Minister
Sovereign sukuk is quick development solution that do not place immediate burdens on state
Smooth completion of ACI system shows Egypt’s ability to develop economy: Finance Minister
Government pays great attention to maintaining safe economic path, says Maait
Public investment increases to EGP 82bn in 1H 2021/22: Finance Minister
Ministry of Finance meets needs of health sector to confront pandemic, with EGP 56bn allocations
Egypt keen on encouraging local and foreign investment: Finance Minister
Egyptian role is essential for stability of the region and continent, says Japanese ambassador
100 medical services to be added to comprehensive insurance system: Finance Minister
New services will be available within six months
Egypt launches 4th phase of lump-sum export subsidy dues payment: Finance Minister
Application to new phase run from 30 January to 20 February
Legal principles for settling income tax disputes must be unified: Finance Minister
This will ensure justice when deciding on tax appeals, says Maait
We seek to provide attractive environment for local, foreign investments: Finance Minister
Maait’s remarks came in a meeting with Osama bin Ahmed Al-Naqli, the Saudi Ambassador in Cairo, on Monday, which was also attended by Hossam Hussein, the Adviser to the Minister of Finance for Foreign Relations; and Nasreen Lashin, the Head of the Investors Support Unit.
E-budgets on trial in economic authorities next March: Finance Minister
Real-time data of expenditures, revenues to raise efficiency of public spending
Government maps partnership projects with private sector: Finance Minister
Introducing 8 projects worth EGP 10bn for converting waste into energy
New measures to maximise assets of administrative authorities: Finance Minister
Central database established to enhance governance, optimal utilization of state resources
Egypt exerts unprecedented efforts to develop infrastructure to attract FDIs: Finance Minister
Strengthening cooperation with Tanzania and transferring our experiences in automating the tax and customs systems
Government keen to stimulate SMEs to boost economic growth: Finance Minister
The minister said, in a statement issued by the Ministry of Finance on Saturday, that the past three years witnessed maximizing the participation of small and micro enterprises in meeting the needs of government agencies, explaining that small and micro companies won 75.8% of government contracts during fiscal year (FY) 2020/21, compared to 69.6% in FY 2018/19.
Incentives give Egyptian MSMEs chance to boost production, profits: Finance Minister
This can happen in light of the government’s great interest in this vital sector, as reflected in several customs and tax incentives in the Law for the Development of Medium, Small and Micro Enterprises, and other incentives.
Over 11,000 importers joined Egypt’s ACI system: Finance Minister
More than 50,000 foreign exporters have registered on “Blockchain” platform, says Maait
Egypt expands stimulus to maximize private sector role in development: Finance Minister
EGP 28bn disbursed in export subsidy from March 2020 to June 2021, with additional EGP 8bn allocated in FY 2021/22 to support exports, says Maait
Egypt should rely on private sector to finance economic growth, create jobs: Finance Minister
“We have no other alternative than to go down this road. We make it very clear with the economic structure reforms that we drafted and presented, that we must rely more on the private sector,” Maait said.
No intention to impose new taxes on EGX transactions: Finance Minister
Finance Ministry issues guide for tax treatment of return on stock transactions to facilitate procedures for taxpayers, comply with provisions of laws in force
Egypt ranks 2nd on Economist’s global normalcy index: Finance Ministry
It reflects success of Egypt’s economic reform programme, says Maait
Egypt aims to achieve 6% growth after COVID-19 pandemic: Finance Minister
Several state-run companies to debut on EGX in upcoming period
No intention to postpone mandatory subscription to ACI system: Finance Minister
He added that his Ministry was proceeding with the national project to modernise and automate the customs system, in implementation of presidential directives to facilitate internal and external trade movement, reduce import and export costs, and reduce customs clearance time, which would reduce prices of goods and services in the local market.
Egypt prepares to issue its 1st sovereign sukuk in H2 of 2021/22: Finance Minister
The offering will provide the necessary funding for investment projects listed in the economic and social development plan in the state’s general budget, to achieve development goals in line with the state’s efforts to enhance expenditures to improve citizens’ lives. He pointed out that the timing, size and type of offering will be determined later.