Finance Minister Ahmed Kouchouk announced plans to create a competitive and investment-friendly environment to support business growth and profitability while ensuring economic returns for the state.
He emphasized the ministry's commitment to expanding public-private partnership projects in the coming phase.
Speaking at the Deloitte Egypt Tax Conference 2024, Kouchouk stressed the importance of fostering trust and partnership between revenue authorities and the tax community, noting the implementation of a "sample audit" system for all taxpayers.
He revealed that the first phase of tax facilitation measures is set to be completed within the current fiscal year.
The minister outlined efforts to broaden the tax base by supporting startups and small and medium enterprises.
He reiterated the ministry’s openness to dialogue with the tax community to ensure mutual benefit.
Kouchouk also announced upcoming initiatives, including new facilitation packages for customs and property tax systems.
He highlighted the ministry's focus on reshaping fiscal policies to be more inclusive and impactful, aiming to boost economic activity, support industry, and foster entrepreneurship.
He added that improving government debt indicators would create more room for investments in healthcare, education, and social protection.
