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Egypt cuts GDP growth forecast to 5.1% from 5.6% in FY 2019-2020
Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
Gov’t proposes new top rate of personal income tax
Gov’t proposes new top rate of personal income tax: Individual taxpayers earning more than EGP 400k per year will face…
El Sisi ratifies amendments to temporary tax dispute bill, Terrorist Entities Act
LEGISLATION WATCH- President Abdel Fattah El Sisi has ratified the temporary tax dispute resolution bill, Youm reports, carrying a copy…
FinMin reviews customs controls to aid SMEs
Egypt reviews customs controls to aid SMEs: The Finance Ministry is reviewing Authorised Economic Operator Program conditions to allow for…
Finance Ministry mulls automating Egypt’s ports
Gov’t mulls automating Egypt’s ports to streamline customs procedures: The Finance Ministry is looking at potentially using ACI pre-registration systems…
FinMin creates single budget for income tax, VAT arms of Tax Authority
The Finance Ministry has started implementing a single budget for the Tax Authority’s departments for income tax and VAT as…
Four new covid-19 cases linked to Egypt
CORONA WATCH- Four new covid-19 cases linked to Egypt: Four people who had recently travelled to Egypt were diagnosed with…
FinMin to cut debt-to-GDP ratio to 79% next fiscal year -Maait
BUDGET WATCH- FinMin adopts more ambitious debt-to-GDP targets in coming fiscal year: The Finance Ministry will aim to lower Egypt’s…
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