Egypt has implemented 321 reform measures aimed at supporting the private sector, as highlighted in a recent economic report. Over the past ten months, the country has successfully increased tax revenues by 38% without imposing additional burdens on businesses. This approach reflects Egypt’s commitment to fostering trust and partnership with the business community. The government is also prioritizing the expansion of the tax base to create fiscal space for more incentivizing initiatives for taxpayers. Additionally, efforts are underway to simplify procedures and reduce both tax and non-tax obligations for investors through a practical program aimed at unifying collection entities.
— new from news.twaslnews.com
