CAIRO - 4 December 2024: Finance Minister Ahmed Kouchouk outlined the ministry's strategy to foster a competitive and attractive investment environment, aimed at supporting business growth and increasing state revenues.
He emphasized plans to expand public-private partnership projects in the near future.
During his participation in the Deloitte Egypt Tax Conference 2024, Kouchouk highlighted the ministry’s commitment to building trust and collaboration with the tax community.
He announced the adoption of a "sample audit" approach for all taxpayers and confirmed that the first phase of tax facilitation measures would be completed by the end of the fiscal year.
The minister stated that efforts are underway to broaden the tax base by encouraging startups and small to medium-sized enterprises.
He emphasized the importance of ongoing dialogue with the tax community to align efforts for mutual benefit.
Kouchouk revealed plans to launch new facilitation packages in customs and property tax systems while focusing on reshaping fiscal policies to drive economic activity, support industries, and promote entrepreneurship.
He also underscored the ministry’s aim to improve public debt indicators, enabling increased investment in healthcare, education, and social welfare programs.
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