Press Release
LE 4.5 bn rise in revenues
-
His Excellency minister of finance Dr. Youssef Boutros Ghali announced that tax revenue raised this year of about LE 4.5 bn in comparing with a year ago. The business has confirmed that such increase boosted by a number of reasons: rising of net economic activity, settling most of tax cases that was delayed through the settlement process by tax authority and surging of taxpayers to repayment of tax arrears to start new page under the new law
Browse alsoMinistry of Finance Following Moody’s Upgrade of Egypt’s Credit Rating to B3 with a Positive Outlook:
Economic and fiscal reforms have helped stabilize public finances, strengthen reserves, and accelerate economic activity
Next article