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FinMin releases Egypt’s draft Unified Budget Act
LEGISLATION WATCH- FinMin releases draft Budget Act: The Finance Ministry has released the draft Unified Budget Act (pdf) and an…
House committee wants to expand tax incentives under SMEs Act
LEGISLATION WATCH- House committee wants to expand tax incentives under SMEs Act: The House SMEs Committee has sent a proposal…
Four new PPP desalination projects announced this year
The Finance Ministry’s PPP division will issue tenders for four new desalination plants in 2Q2020, division head Ater Hanoura tells…
Egypt is pressing pause on USD-denominated eurobond issuances for the remainder of FY2019-2020
EXCLUSIVE- The government is pressing pause on USD-denominated eurobond issuances for the remainder of the current fiscal year and will…
Egypt records state budget deficit of 2.1% in 1Q2019-20
BUDGET WATCH- State records budget deficit of 2.1% in 1Q2019-20: The Finance Ministry’s latest fiscal performance report (pdf) showed a…
Egypt’s new Customs Act expected to come into effect in 1H2020
LEGISLATION WATCH- The proposed Customs Act is expected to come into effect in 1H2020, unnamed sources at the Finance Ministry…
New income tax law to be finalized this fiscal year -Maait
LEGISLATION WATCH- The new income tax law will see the light of day this fiscal year: The new income tax…
Is Egypt seeking a Standby Credit Facility from the IMF?
Is Egypt seeking a standby credit facility from the IMF? Egypt’s post-loan agreement with the IMF is could take the…
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