Latest in Tag: finance ministry Highlight
Latest in Tag: finance ministry
Finance ministry considers increasing customs’ dollar exchange rate, importers oppose
Inflation will rise by 1%, if customs’ dollar exchange increased, says Pharos Holding official
FEB, Finance Ministry end tax disputes between banking sector, ETA
Protocols signed at Council of Ministers’ headquarters, attended by Prime Minister, Minister of Housing
All government dues to be paid electronically starting January 2019: Finance Ministry
Ministry to provide electronic POS, e-cards to facilitate payment process
Finance Ministry provides EGP 4.5bn urgent allocations for supply, railways, health insurance
$67.9m guarantee issued to purchase 295,000 tonnes of imported wheat
Extend time of real estate tax collecting without a fine until 15October: Finance Ministry
With the approval of Prime Minister Mustafa Madbouli, , Mohamed Maait Minister of Finance issued a decision to extend the deadline for the collection of real estate tax without penalty delay until 15 October 2018, according to press statement on Thursday. The statement said that this decision is considered to facilitate the taxpayers and to …
ETF discusses submitting memorandum to Finance Ministry to reconsider real estate tax calculation
Law subjects workers, service establishments to tax, says Rady
Devolution of percentage from private fund balances to state`s treasury to meet increase in expenses: Finance Ministry
The devolution draft law aims to support state resources and face increases in government spending on the expenditure item of the state`s budget, said the Ministry of Finance. The Ministry of Finance said in a press statement on Thursday that the draft law on the devolution (transfer) of a percentage of private fund balances and …
Finance Ministry excludes economic stimulus plans from public expenditure control guidelines
The Ministry of Finance said in a statement on Tuesday that it has issued executive instructions to exclude the accounts of the emergency economic stimulus plan for the current fiscal year (FY) from its recent spending control instructions. The spending control instructions include banning the reregistration of discount disbursement financial documents starting 14 June, prohibiting …
Egypt’s budget deficit rose to EGP 218.1bn during 7M current FY: Finance Ministry
Budget deficit increased 11.3% y-o-y during first seven months of FY 2017/2018
Planning committee demands Finance Ministry increase education, health allocations in next FY budget: deputy head
Allocations of education, health, research sectors to reach EGP 177bn next year: EGP 115.6bn for Education, Higher Education Ministries, EGP 61.8bn for Health Ministry
Egypt’s international bonds rise to $18bn by end-February 2018: Finance Ministry
T-bills maturity from 1-30 years, due from 10 December 2018 to 21 February 2048
Finance Ministry finalises simplified tax system for small business taxpayers
Ministry aims to reduce debt-to-GDP ratio from 41% in FY 2016/2017 to 35% by end-current FY, says El Garhy
Finance Ministry prepares to replace stamp duties with capital gains tax on stock market transactions
Plan to automate all taxation operations within 3 years, terminating paperwork
Finance Ministry ignores parliament’s economic committee inquiry on private funds: Sherif
We would like this file to be handled with transparency; non-response to prime minister’s letter very serious, raises many questions about these private funds, says representative of parliament’s economic committee
Finance Ministry sends parliament new draft of tenders, auctions law
Disagreement over bill’s new meaning tenders, auctions put forward by public sector will not be subject to law
Finance Ministry to issue guarantees for solar projects in Aswan
EETC will buy energy from the solar power plants for 25 years at 8.4 US cents per kWh
Custom dollar exchange rate fixed for January
Finance ministry said rate will be steady at 16 pounds
Finance Ministry considers increasing income tax for some sectors
Some sectors have not achieved targeted tax, therefore ministry targetting tax structures to increase tax revenues
Finance Ministry offers international bonds tender this month
Ministry consulting with international banks to determine timing, currency of offering
Finance Ministry reduces development fees imposed on new cars
Committee suggests development fee should be calculated for private cars based on price, regardless of capacity
T-Bonds outstanding balances increased by EGP 9.7 bn end of October: Finance Ministry
EGP 8.5bn worth of bonds due in November, maturity period extended to May 2027
Size of outstanding T-bonds registers EGP 679.76bn in September 2017: Finance Ministry
Banks are considered the biggest investors in bonds and treasury bills, which the government issues on a regular basis to cover the state budget deficit
Government increases borrowing from domestic market to highest level ever during Q2 2017/18
The Finance Ministry revealed its intention to borrow EGP 389.25bn through treasury bills and bonds during the period from 1 October until the end of December
Finance Ministry to lower customs exchange rate to EGP 16
The increase is very tiny, as it doesn’t represent 0.5% of the cost, says head of importers division
Finance Ministry completes linking public budget to treasury account in November
GFMIS system for all public budget bodies will be completed by the end of March 2018
Outstanding T-Bond balance registers EGP 679.76bn until end of July 2017: Finance Ministry
Bonds floated abroad reached $14bn, including $10bn issued in the last 7 months
Supply Ministry notifies Finance Ministry about their agreement with mills to pay EGP 500 to grind wheat
Reviewing prices every 6 months and take into account government decisions that affects costs: Companies
Size of outstanding T-bonds decline by EGP 5.6bn in June 2017: Finance Ministry
The size of outstanding balances of treasury bonds (T-bonds) owed by the government by the end of June 2017 declined by EGP 5.618bn to reach EGP 677.459bn, down from EGP 683.078bn in May 2017, according to the Ministry of Finance. A recent report issued by the Ministry of Finance details two types of bonds in …
Finance ministry allocates EGP 3.9bn for supply commodities, railways, water holding, and press authority
The ministry allocates EGP 2.2bn for the Supply Authority to support the monthly supplies cards, as well as EGP 100m to provide facilities for industrial zones
Finance Ministry extends real estate tax payment period to end of month
The decision aims to facilitate payment for tax payers and to collect the public treasury’s dues