Maait explained that the new budget focuses on balancing between mitigating inflationary pressures experienced by citizens, meeting development needs, and maintaining financial discipline
The minister reassured that there would be no additional tax burdens imposed on investors in FY2024/2025
Speaking during a session at the 8th Arab Fiscal Forum in Dubai, Maait explained that Egypt is committed to creating sustainable financial spaces to expand social protection for its most vulnerable groups
Tax revenues have climbed by 21% annually during FY2022/2023 to hit EGP 1.2 trillion, the finance minister told media on Sunday
In line with these measures, the government will give priority to completing FY2023/2024 projects that have a 70% completion rate or more
