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Ministry of Finance

Egyptian Cabinet approves starting procedures for int. sukuk issuances

Finance Minister Maait added that work on the executive regulations of the law will be completed within three months

Egypt seeking growth rate of 5.7% of GDP for FY2022/2023 | FinMin

Egypt is looking to bring the country's debt-to-GDP ratio down to less than 90% in the next fiscal year (FY 2022/2023)

Revenues from taxes up by 19.2% in the first 5M of FY 2021/2022 | FinMinistry

The data reported that value-added tax revenues climbed by 11.96% year-on-year (YoY) during the July – December period of 2021 (first 5M of FY 2021/2022)

Egypt’s budget deficit goes up to 3.7% during first 5M of FY 2021/2022

In its December report, the ministry revealed that the budget deficit amounted to EGP 266.94 billion during the July-November 2021 period

Egypt is working on creating a more attractive investment landscape | FinMin

During the meeting, Maait informed Al-Nugali about Egypt’s structural and legislative improvements, including the new modernization project for customs and tax systems