Latest in Tag: minister of finance Highlight
Latest in Tag: minister of finance
Egypt climbs ranking of 3 most imp int’l economic indicators, thanks to economic reforms: Finance Min.
Egypt is first in emerging countries for debt reduction, second in budget surplus
“We want to impose the government’s right to collect taxes, without unfairness”: Finance Minister
Moeit added during his meeting with the leaders of the Egyptian Tax Authority that the authority should set a strong foundation of trust with taxpayers and provide all the necessary facilities to stimulate the investment environment.
Egypt mulls over issuing green, Islamic, variable-yield bonds in FY20: Moeit
The Minister of Finance emphasised that Egypt’s current situation and debt level are within the safe zone, in comparison to various emerging markets, “which reflected positively on the government’s ability to pay the costs of its debts regularly, indicating the state’s commitment to its pledges.”
Egypt’s government signs overdue settlement agreements with nine exporting companies
Under this agreement, the government is committed to paying 20% of the dues before the month’s end, 20% during the first quarter of the next fiscal year, and the rest over three years.
Communications, Finance Ministry discuss equipping infrastructure to implement “one-stop shop” system
This aims to ensure the sustainability of the quality of performance, speed, and accuracy of delivery in a manner that reduces the customs release time and costs of clearance. It also targets improving Egypt’s ranking in the World Bank’s “Logistics Performance Index” which will coincide with better facilitating cross-border trade.
Three ministers likely to participate in EKBC’s first forum on Tuesday
Automotive, SCZone investments top priority for discussions, says Nosseir
Egypt’s tax policy to remain stable with no future changes: Finance Minister
‘We will join the Morgan Stanley index for the emerging market very soon,’ says Moeit
Finance ministry allocates EGP7.8bn for modernising informative infrastructure, digital content
Digital transformation is one of the pillars that promote the economic GDP growth, says finance minister Moeit
High-profile speakers, experts to review challenges, opportunities of building a digital financial sector in Euromoney Egypt
The conference will also feature financial sector leaders from across the world, delivering their views on the digital transformation taking place in the financial industries in Egypt and globally.
Egypt allocates EGP 6bn to stimulate exports in FY 2019/20
Country’s non-oil exports record $13.037bn in 1H19, says GOEIC
Egypt’s tax revenues up 17% to EGP 660bn in FY 2019: Finance Minister
Non-sovereign bodies taxes reach EGP 517bn, representing 9.9% of GDP
Government is keen on developing Tax Authority: Moiet
Moeit’s statements came during a press conference for the development of the Tax Authority, where he pointed out that the government is working to develop and restructure of the authority as it contributes more than 75% of the country’s total revenues.
Egypt targets 6% GDP growth in FY 2019/20: Minister of Finance
Egypt’s fiscal policy aims to raise the GDP growth rate to 6% in the next fiscal year (FY) 2019/20, after the recent increase of 5.5%, Minister of Finance Mohamed Moeit said on Saturday. Moiet explained that the economic reforms implemented since 2016 allowed the country to overcome various economic difficulties, and set the national economy …
Cost of treatment at state’s expense increases by 37.2% in 2018
In 2018, treatment beneficiaries at state’s expense increase by 6.8%
New Universal Health Coverage Law’s amendments to be presented to Parliament soon
Finance Minister calls on British businesspersons to contribute to health projects
BEBA hosts Moeit, senior Egyptian officials to discuss future of health care sector
Meeting is great opportunity to enhance British-Egyptian health cooperation, says Nosseir
Egypt targets budget deficit of 7.2%, GDP growth of 6.1% in FY 2020: Finance Minister
The Egyptian government targets a budget deficit of 7.2% and a GDP growth of 6.1% in fiscal year (FY) 2019/20, the Minister of Finance, Mohamed Moeit, said on Tuesday during an industry conference. During the conference organised by the Egyptian Center for Economic Studies, Moeit added that as the FY nears its end (June), there …
Egypt is keen to remove any obstacles hindering investors: Moeit
Egyptian-Korean cooperation in railways, water treatment fields
EGP 21bn primary surplus, total deficit reduced to 3.6% of budget in H1 FY 2018/19: Moeit
Real estate tax revenues increase by 102%, education, health, public investments expenditure increased by 21%, 27%, 64% consecutively
IMF approves $2bn loan tranche to Egypt: Minister of Finance
The Executive Board of the International Monetary Fund (IMF) approved the disbursement of $2bn to Egypt as the fifth tranche of its $12 loan, the Minister of Finance, Mohamed Moeit, announced on Monday. So far, Egypt has received $10bn from the extended $12bn loan facility signed in 2016. Moeit said that Egypt is expected to …
Egypt to showcase economic reform experience in WEF 2019: Moeit
Finance Ministry to offer international bonds in 1Q19, while Samurai, Panda bonds still under consideration
Egypt’s Minister of Finance participates in WEF
Inviting Egypt to participate in forum after 5 year-absence came as result of prominent reforms
Negotiation with IMF is going smoothly, $2bn loan tranche to be disbursed soon: Moeit
New taxation draft law to be available for social discussion during next two weeks
Egypt to ‘revolutionary’ develop its taxation system by mid-2020
I promised Al-Sisi to implement advanced tax procedures within two years, says Moeit
Liberalisation of custom dollar rate de rigueur: Mohamed Moeit
If new direction negatively affects non-essential imported product, we will transfer affected product to list of essential products, set its custom dollar rate at EGP 16, we will deal with matter with absolute flexibility
Egyptian ministers, British companies kick start PPP Leaders Forum in Egypt
Egypt already has considerable track record of attracting private sector investment in infrastructure; forum should provide impetus for re-launch to international markets: Armsby
Finance ministry provides EGP 6.4bn in urgent allocations for supply, railways, health insurance
The allocations also included EGP 220m for the NMA to meet its obligations towards workers in September.
Minister of Finance heads to IMF, WB annual meetings in Indonesia
Moeit to visit South Korea, meet with officials, investment bankers
GDP growth to reach 6% by end of current FY: finance minister
Egypt to reduce public debt to 92% by end of FY 2018/2019, says Moeit
Establishing first museum of commemorative coins, historical publications at Egyptian Mint
Minister of Finance Mohamed Moeit, inspected the equipment for the establishment of the first museum of commemorative coins in Egypt, which contains a collection of historical publications that have been in circulation since the establishment of the Egyptian Mint in 1950. The museum includes various categories of coins, which represent the history of the Egyptian state …