{"id":607264,"date":"2023-10-01T00:00:00","date_gmt":"2023-10-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/01\/introducing-the-what-the-government-wants-from-us-account\/"},"modified":"2023-10-01T00:00:00","modified_gmt":"2023-10-01T00:00:00","slug":"introducing-the-what-the-government-wants-from-us-account","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/01\/introducing-the-what-the-government-wants-from-us-account\/","title":{"rendered":"Introducing: The \u201cWhat the Government Wants from Us\u201d account"},"content":{"rendered":"

Imagine you have a single account called \u201cWhat the Government Wants from Us.\u201d <\/strong>That\u2019s what some businesses may find going forward after Cabinet signed off in principle on a directive from Prime Minister Moustafa Madbouly to set up an electronic clearing system. The idea is that the system will show the sum total of what the state wants from individual businesses (taxes and the like) \u2014 and what those businesses are owed by the state (incentives, tax breaks, and more). <\/p>\n

What\u2019s next: <\/strong>The Finance Ministry will write up a draft of the executive regulations that would govern the platform, cabinet said in a statement<\/a> following its weekly meeting last Wednesday. The statement provided no additional detail. <\/p>\n

Remember: <\/strong> This was one of the decisions greenlit<\/a> by the Supreme Investment Council in May.<\/p>\n

ALSO- Cabinet signed off on executive regs for the Egyptian Health Council Law<\/strong>, which was ap<\/a> proved by the Hou<\/a> se<\/a> in February last year. The council aims to improve healthcare services provided to citizens and to regulate medical training and licensing.<\/p>\n

AND- Egypt x UNESCO: <\/strong> The cabinet approved Egypt's participation in an amended UNESCO agreement focused on recognizing higher education qualifications in Arab countries. This could make it easier for Egyptian students to have their qualifications assessed and accepted by other member states, opening doors for postgraduate studies and job opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"

The gov\u2019t will establish an electronic system for financial clearance and settlements between investors and government entities<\/p>\n","protected":false},"author":1,"featured_media":607265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7306],"tags":[282,155,72,7115,125,7085,323],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cabinet-watch","tag-cabinet-watch","tag-digitization","tag-enterpriseam","tag-healthcare","tag-investment-watch","tag-un","tag-unesco","wpautop","entry"],"acf":{"mongo_id":"c008c9f0-9557-4edd-8b7a-afa4c8878638","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/9\/1672.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian gives the thumbs up to \u201cclearance platform\u201d for businesses + Health Council Law regs + UNESCO agreement","related_issue":[607247],"teaser":"The gov\u2019t will establish an electronic system for financial clearance and settlements between investors and government entities","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.5b5122ed-5725-4d50-80c6-9c4f056d4dc4.mp3"},"yoast_head":"\nIntroducing: The \u201cWhat the Government Wants from Us\u201d account - 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The ministers said spending priorities include improving the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628272,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/contractors-compensation-act-high-on-madbouly-cabinet-agenda\/","url_meta":{"origin":607264,"position":1},"title":"Contractors Compensation Act high on Madbouly Cabinet agenda","author":"enterpriseam admin","date":"28 June 2018","format":false,"excerpt":"CABINET WATCH- Contractors Compensation Act high on Madbouly Cabinet agenda: The focus of the Madbouly Cabinet\u2019s weekly meeting yesterday appears to have been paying out compensation to government contractors under the Contractors Compensation Act, according to a cabinet statement. 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