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Maait signals austerity measures if covid-19 crisis persists
BUDGET WATCH- Austerity measures in the cards if crisis continues into FY2020-2021 -Maait: The government could cut back on spending…
FinMin raises fees in exec regs of Customs Act
The Finance Ministry raised a handful of customs fees outlined in the executive regulations of the Customs Act, according to…
Egypt’s House Economic Committee recommends streamlining CBE appeals
The House Economic Committee has added a provision to the proposed Banking and Central Bank Act that would streamline the…
Still up 2% against the USD for the year, Reuters wonders whether EGP’s “coronavirus immunity” could “wane.”
Still up 2% against the USD for the year, Reuters wonders whether EGP’s “coronavirus immunity” could “wane.” The EGP “has…
Egypt could earmark more funding for covid-19 fight
Egypt’s commitment to insulating the economy from the impact of covid-19 is “open-ended” and could go above the EGP 100…
FinMin working on specifics of corporate income tax relief program
EXCLUSIVE- FinMin working on specifics of corporate income tax relief program: Businesses looking to pay their income taxes in installments…
Egypt to postpone EGX capital gains for one more year, slash stamp tax -sources
Gov’t to postpone EGX capital gains for one more year, slash stamp tax -sources: Officials have reportedly agreed to delay…
CBE makes biggest rate cut on record to protect economy from covid-19 outbreak
The CBE has made its biggest rate cut on record, saying the move is to protect economy from covid-19 outbreak:…
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