Egyptian parliament approved Sunday the long-delayed value added tax (VAT) at a rate of 13 percent but …
Tag:
value-added tax
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Financial Institutions
VAT to reduce Egypt budget deficit by 1%: deputy FinMin
by Yomna Yasserby Yomna YasserApplying the value-added tax (VAT) will contribute to lower Egypt’s current budget deficit by 1 percent, said …
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Egypt News
Egypt’s VAT bill to be finalised Sunday, MPs sticking to 12% rate
by Yomna Yasserby Yomna YasserEgypt’s long-awaited value added tax (VAT) bill will be finalised Sunday to be put up for general …
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Financial Institutions
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
by Yomna Yasserby Yomna YasserEgypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within …
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Egypt’s anticipated value-added tax bill will include communications and information technology services, said Amr El-Moneir, advisor for …
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Egypt’s tax authority announced Friday a y-o-y 15 percent increase equivalent to 28 billion Egyptian pounds ($3.15 …
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Banks
World Bank’s 1st tranche of $3bn awaits parliament’s VAT act approval
by Yomna Yasserby Yomna YasserThe World Bank will provide the first $1 billion tranche of a $3 billion soft loan to …
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Egypt’s Cabinet approved “in principle” a long-awaited value added tax (VAT) bill and will refer it to …
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World Bank will transfer a loan to Egypt when the country’s parliament approve the new value-added tax …
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forex news
JP Morgan sees devaluation of Egyptian Pound by 35% in 2016
by Yomna Yasserby Yomna YasserUS-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent …