Egypt

Prime Minister: Tax incentives and no new tax burdens

Prime Minister Dr. Mostafa Madbouly confirmed that economic growth will increase during the coming period and the largest reaches 11%, and we target 10% for inflation by the end of next year. The meetings of the Economic Group were held in Washington and received that Egypt is on the right path and the Minister of Finance presented the tax reforms and the Council of Ministers agreed. On projects 3, laws for tax reforms and unified tax procedures, there are no new tax burdens away from tax complications, creating a healthy tax environment, as well as incentives for small projects, in addition to ending existing disputes 

The Prime Minister said in a press conference held at the Council of Ministers headquarters during Two weeks of amendments and simplification of the customs law to improve the investment climate in Egypt and make the investment climate more attractive.

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  • Source of information and images “rosaelyoussef”

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