Egypt Export Marketplace for products & services     Log in | Sign up  

Export Egypt Home
made in Egypt Egypt products
  Home  |  Products  |  Business Center  |  News   |  Events   |  My Account Follow us on Facebook
Products and vendors Services and providers Oil & Gas Software and publications

Egypt Tax Revenues Rise By 61 Percent Year-on-Year In First Half Of 2017/18
Source: www.export-egypt.com 2/15/2018

Egypt's tax revenues rose by 61 percent year-on-year in the first half of the 2017/18 fiscal year that began in July, a Finance Ministry official said.

Revenues rose to 248.8 billion Egyptian pounds($14.10 billion) from 154.6 billion Egyptian pounds in the same period last year, Finance Ministry Deputy Mohamed Moeet said.

Egypt hiked taxes last year as part of economic reforms tied to a $12 billion International Monetary Fund loan aimed at boosting growth.

IMF Managing Director Christine Lagarde said at an economic conference in Marrakech last month that Middle Eastern countries should build broader tax bases to fund infrastructure projects and social spending.



Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 


Export Egypt - Subscription Packages - Benefits

Copyright Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us