Egypt’s Minister of Finance, Mohamed Maait, announced the launch of the second phase of the electronic invoice system on Monday, February 15, with the participation of 347 companies registered with the Center for Large Funders, with the rest of the...اقرأ المزيد
Egypt has lost $ 14 billion because of coronavirus pandemic, said the Egyptian Minister of Finance Mohamed Maait in media remarks to “Facts and Secrets” talk show on Sada El Balad T.V. on Thursday evening. The Egyptian economy witnessed the second-best...اقرأ المزيد
Linking all land, sea and air ports with an electronic platform through the customs single window system will be completed by the end of next June, according to Minister of Finance Mohamed Maait. Maait assured in a statement, Wednesday, that the linkage...اقرأ المزيد
The Ministry of Finance affirmed its ability to meet all the market needs of “change” coins. The ministry stated, in a statement, Tuesday, that LE 1 million are produced daily, and LE 30 million are distributed monthly at the governorate level,...اقرأ المزيد
Finance Minister Mohamed Maait said the government has – despite the coronavirus crisis and its pressure on the state budget – managed to improve salaries of employees in 2020 in line with the presidential directives. In a statement on Thursday,...اقرأ المزيد
The Egyptian citizen’s payment under the umbrella of the comprehensive health insurance project does not exceed LE 300 pounds for the largest surgery such as organ transplantation, according to Minister of Finance and head of comprehensive health insurance,...اقرأ المزيد
Minister of Finance Mohamed Maait said on Friday the power of administrative seizure has been revoked from all revenue authorities. The administrative seizure decision shall not be taken except after contacting the activity’s owner and being approved...اقرأ المزيد
Finance Minister Mohamed Maait allocated EGP 12.7 billion in the current fiscal year for digital transformation projects in line with presidential directives aiming at promoting good governance and management of state resources. In statements on Saturday,...اقرأ المزيد
Finance Minister Mohamed Maait underlined the importance of precisely putting into effect amendments to the law of tax on income. He said this will contribute to promoting justice with regard to taxes as tax slices would alleviated burdens on people. The...اقرأ المزيد
Minister of Finance Mohamed Maait asserted Thursday the keenness of the political leadership to swiftly mechanize the Egyptian Tax Authority and apply the e-bill system. In a statement on Thursday, Maait said that the digital transformation imposes challenges...اقرأ المزيد