Gomhuria Online by English

Prime Minister: A package of facilities will soon be available to encourage exports and tax facilities

• Saturday, September 14, 2024

Dr. Mostafa Madbouly, Prime Minister, said that work is being done with the Minister of Investment on a package of facilities to encourage exports.
He pointed out that there are positive indicators in economic performance, including purchasing managers. For the first time after 4 years, this indicator exceeds 50 points, which is a positive message. He said: “I reassure you that the Egyptian economy is able to withstand,” adding, “By the end of 2025, inflation will be less than 10.” %".

He pointed out in a press conference at the Council of Ministers headquarters that trade exchange between Egypt and Turkey is important and balanced, reviewing the results of his visit to China and the signing of 6 contracts with a total of $1.6 billion, in addition to negotiating with major energy companies in China to establish new factories.

He explained that there is a set of tax facilities to improve the relationship between the Tax Authority and financiers, and a new page will be opened between the two parties.

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