Latest in Tag: Mohamed Moeit Highlight
Latest in Tag: Mohamed Moeit
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 announces plan to reduce government debt to 93% of GDP in June
Ministry implemented number of measures to limit increase in debt service bill
Comprehensive medical insurance project will start in 2019: Moeit
Al-Sisi ordered implementation of project
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
Danish ambassador discusses enhancing bilateral cooperation with Egyptian ministers
Egypt’s priorities in parallel with Denmark’ strategy topped by food, energy, agricultural sectors
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
We seek to issue T-bonds, T-bills with long terms ranging from 10-30 years: Moeit
High Federal Reserve’s interest rate raises cost of converting maturity of Egyptian debt to medium, long, says Omar
Finance ministry to add computers, soap noodles to discounted customs exchange rate list
In December, Egypt announced ending discounted customs’ exchange rate for some imported goods
Minister of Finance criticised for his statements regarding taxpayers’ accounts in banks
This is not first time officials make statements that do not take certain aspects into consideration negatively affecting economy: Aboulfotouh
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
Non-essential imports items to be revised on monthly basis: Moeit
Budget deficit to be under 5% of GDP by FY 2020/21
Moait, two British ministers to discuss developing joint commercial relations
Over 40 companies joined BEBA’s delegation to UK, says embassy
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
Private house owners spared from real estate tax, to provide tax relief until the end of June 2019: finance minister
Citizens who qualify for real estate tax law, can apply for tax instalments, says Moeit
Government targets reducing public debt to 70% within four years: Mohamed Moeit
No new taxes to be imposed over next four years, IMF mission to visit Egypt in October, says finance minister
Egypt will have major problem if emerging markets crisis continues: finance minister
IMF mission to visit Egypt by end of October for fourth review, says Moeit
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
We aim to achieve surplus, reduce overall deficit to 8.4% of GDP: finance minister
Plans to offer five other State-Owned Companies in Q1 2019
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 …
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
Egyptian government to accelerate implementation of public offerings programme: finance minister
Authorities determined to carry forward implementation of economic reforms
Customs dollar set at EGP 16 in August: finance minister
Capital Economics expects customs dollar to rise to EGP 19 by year end, EGP 20 by 2020, amid cautious market
Minister of finance sets the price of tobacco products
Foreign tobacco companies are reportedly dissatisfied with tax
No new taxes on real estate’s transactions: Moeit
Egypt has no intention to return to imposing death, inheritance taxes, according to Finance Ministry
Stability in customs dollar value at EGP 16: finance minister
Minister of Finance Mohamed Moeit announced that the price of the customs dollar will continue to be fixed at the current rate of EGP 16 starting from 1 July 2018 and lasting for a month. The customs dollar is used to calculate the value of the fees paid by the importer in local currency for …
Egypt’s upcoming spending priorities are for education, health, culture
Expenditure on education, vocational training will be tax-exempt