Kouchouk says Egypt plans ‘exceptional’ cut to debt levels, lowers medical VAT to 5%
Egypt is targeting an “exceptional” improvement in its budget debt indicators while implementing a second package of tax facilities that includes cutting value-added tax (VAT) on medical equipment to 5% from 14%, Finance Minister Ahmed Kouchouk said on Tuesday. Speaking
New tax facilitation package offers broad incentives for fully compliant taxpayers: ETA chair
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Finance Minister Ahmed Kouchouk has released the second package of tax facilitation measures for public consultation, inviting the business community to submit feedback and proposals. The initiative, she
Egypt to swap capital gains for stamp duty to boost stock market investment
Egypt plans to replace capital gains tax with a stamp duty to stimulate institutional investment in the stock exchange, Finance Minister Ahmed Kouchouk announced on Wednesday, as part of a second package of tax facilities aimed at supporting the business
Egypt tackles waste sector funding gaps, local governance reforms
Egypt’s Minister of Local Development and Acting Minister of Environment, Manal Awad, held two meetings on Wednesday with Minister of Finance Ahmed Kouchouk at the ministry’s headquarters in the New Capital to discuss key financial and environmental priorities, including support
Al-Sisi orders rollout of second tax facilitation package, accelerated customs overhaul
Egypt’s President Abdel Fattah Al-Sisi on Sunday instructed the government to launch the second phase of tax facilitation measures aimed at encouraging voluntary compliance and easing the burden on taxpayers, the presidency said following a meeting with Prime Minister Mostafa
Investment, finance ministries implement 29 reforms to boost trade flow across ports
Minister of Investment and Foreign Trade Hassan El-Khatib chaired a meeting of the Board of Directors of the Export Subsidy Fund to discuss the budget of the 2025/2026 Export Rebate Programme. El-Khatib highlighted ongoing coordination with Minister of Finance Ahmed
Egypt to analyse 3.5 billion e-invoices, receipts to boost economy, service quality: Finance Minister
Finance Minister Ahmed Kouchouk said that Egypt is ready to deploy artificial intelligence tools to fully capitalise on its digitised tax and public finance systems. He noted that the ministry now holds 3.5 billion electronic invoices and receipts that it
Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)
Climate finance must be fairer for emerging economies: Finance Minister
Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use of guarantees, blended-risk structures, and hedging instruments to unlock private
Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister
Finance Minister Ahmed Kouchouk affirmed that the government remains committed to directing a substantial portion of proceeds from major investment deals toward reducing public debt. He noted that Egypt has successfully cut budget-sector debt by about 10% of GDP over