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With fresh IMF funding in place and more to come, FinMin could cut back on local borrowing to curb the cost of servicing its debt
With fresh IMF funding in place and more to come, FinMin could cut back on local borrowing to curb the…
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…
Cabinet discusses measures to unblock EGP 65 bn assets frozen for back taxes
Low-cost stimulus: Cabinet discusses measures to unlock EGP 65 bn of assets frozen in tax disputes. Businesses may only have…
Egypt has deployed just EGP 40 bn of funding from the EGP 100 bn stimulus and bailout funding, Maait says
The government has deployed just EGP 40 bn of the EGP 100 bn earmarked by the government to protect the…
Budget deficit could widen to 7.8% due to covid-19 -Maait
Budget deficit could widen to 7.8% due to covid-19 -Maait: Egypt’s budget deficit could widen to 7.8% of GDP in…
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 ranks 61 out of 117 countries in budget transparency survey
Egypt ranked 61 out of 117 countries in the International Budget Partnership’s Open Budget Survey, which ranks countries for the…
Egypt’s tax authority stretches window to file February VAT returns to 10 May
The Tax Authority has pushed the 60-day window for businesses to file February VAT returns until 10 May, according to…
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