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30 Jan, 2023
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Tag: Amr El Garhy

Egypt: Budget Deficit Increases by 49.1 Million

September 7, 2016September 7, 2016 Jaber Ali

Egypt’s Finance Minister Amr El Garhy stated, while presenting the monthly financial report, that the country’s budget deficit has increased from 10.8% last year to reach 11.2% in the first 11 months of the current financial year. The financial year Read more

Finance, Headlines, World NewsAmr El Garhy, Egypt, Value Added Tax, VAT

Egypt Steps Closer to IMF Loan with Passing of VAT Law

August 30, 2016August 30, 2016 Jaber Ali

The Egyptian parliament has passed a law on Value Added Tax (VAT) after an intense debate and Finance Minister Amr El Garhy said “it’s a tax reform that Egypt needed to begin its economic reform process.” The VAT, fixed at Read more

Finance, Headlines, World NewsAli Abdelaal, Amr El Garhy, Egypt, IMF, The World Bank, Value Added Tax, VAT

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