Finance Ministry
Egypt’s President Abdel Fattah al Sisi directed the government on Tuesday to swiftly continue releasing all goods stuck at the country's ports, as well as simplify all customs clearance procedures.
The ministry said the coming four years will focus on investing in humans.
He said this will contribute to promoting justice with regard to taxes as tax slices would alleviated burdens on people.
The ministry also sterilizes the building throughout the day.
He said the government does not want the coming generations to bear the burdens borne by the current generations.
Sudan’s transitional government is to postpone lifting fuel subsidies, initially planned as part of the 2020 budget, the information minister said on Saturday.
The Ministry of Finance auctioned on Monday treasury bills at a total value of EGP 3.75 billion.
The ministry denounced these reports as baseless, saying the government is working to stabilize tax policies.
In a press release on Thursday, the center said it contacted the Finance Ministry, which categorically dismissed these reports as "baseless".
The move falls within the framework of the State's plan for digitization as part of Egypt's Vision 2030.
The Finance Ministry denied the rumors that spread on social media about fuel prices hike in the coming period.
The Finance Ministry said Saturday the Suez Canal Authority has provided the state treasury with EGP 74 billion in the 2018/2019 fiscal year.
The average citizen plays a principal role in preparing the state budget, a senior Finance Ministry official said on Saturday.
The average citizen plays a principal role in preparing the state budget, a senior Finance Ministry official said on Saturday.
The information Center of the cabinet revealed that twelve rumors speeded on social media during six days.
The Finance Ministry will discuss the parliament's approval of amendments to some provisions of the Income Tax Law no. 91 of 2005.
Egypt has decided that Goldman Sachs, JP Morgan, HSBC and Citi Bank will manage the dollar-denominated bond issue, the ministry said in a statement.
It also auctioned 357-day T-bills, worth LE 9.2 billion with an average yield of of 19.6 percent, the ministry said.
In case of resorting to cash, citizens will be fined up to LE10,000 ($562) to cover ensuing expenses.
The venture will be implemented in cooperation between the Local Development and Electricity Ministries besides the Arab Organization for Industrialization.
