Latest in Tag: Mohamed Moeit Highlight
Latest in Tag: Mohamed Moeit
Egypt still able to meet financial obligations despite Covid-19: Moeit
Any potential postponement of financial obligations, however, must be through regional and international movements, and Egypt is willing to support such efforts, Moeit explained.
Government special funds better stay off-budget: Finance Ministry
Economic authorities’ excesses have been resolved, improved governance achieved
Cabinet approves new income tax facilities in response to COVID-19
The new measures allow payment of 2019 income taxes in instalments until 30 June without any charges for delays in payment. Moeit said the instalments will be divided into 20% of the tax due in April, 30% in May, and 50% before the end of June.
Finance Minister discusses anti-coronavirus strategy with African counterparts
Cooperation must be strengthened to face pandemic’s economic repercussions, says Moeit
Companies entitled for export subsidies should submit tax certificates before end June: Finance Ministry
Ministry to start disbursing export subsidies for small companies without tax clearance certificates
Draft 2020-2021 budget sets oil price at $61per barrel
State employees’ wages to increase by 11.3%: Finance Minister
Al-Mashat, Moeit discuss public borrowing strategy
Borrowing should be in line with the government’s priorities, SDGs
“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 to continue improving tax regulations: Moeit addresses EKBC
“EKBC to shape new phase of our joint economic relation,” says ambassador Yoon
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
Egypt to offer $3-7bn worth T-Bonds including Panda, Samurai, Green bonds: Finance Ministry
First portion of EGP 1bn financial package for Sovereignty Fund already transferred
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.
Finance Ministry seeks to impose taxes on Facebook ads: Moeit
“We asked government to send e-commerce draft law for discussion, to be ready by November,” says MP
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.
Initial budget surplus of EGP 35.5bn in 9M of current FY: Egypt’s Finance Minister
Planned increase in stock exchange duty cancelled, stamp duty stays at EGP 1.5
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 …
Egypt signs agreement with Euroclear to facilitate purchase of government debt instruments: Moeit
State increased government investments in national projects by 40% in FY 2019/20
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 …
Finance Ministry provides EGP 10.2bn as urgent allocations in different sectors
The Minister of Finance, Mohamed Moeit, approved on Tuesday EGP 10.2bn as urgent allocations for both months January and February, to the General Authority for Supply Commodities (GASC), the Egyptian National Railways (ENR), the General Authority for Health Insurance (GAHI), and the National Media Authority (NMA). “The allocations included EGP 8bn for the GASC, which …
Egypt is keen to remove any obstacles hindering investors: Moeit
Egyptian-Korean cooperation in railways, water treatment fields
ETA, Uber Egypt agree on mechanism to collect VAT: Finance Minister
The Minister of Finance, Mohamed Moeit, announced that an agreement was reached between representatives of the Egyptian Tax Authority (ETA) and Uber Egypt to collect the value added tax (VAT) from the tech firm in application of the provisions of Law No 67 of 2016. Moeit said that the agreement comes as result of the …
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