Prime Minister Sherif Ismail on Wednesday said the purpose of the value-added tax (VAT) is to obtain …
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VAT
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Banks
Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments
by Yomna Yasserby Yomna YasserThe $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt …
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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 core inflation rate climbed to its highest level in seven years in June, underscoring the challenges …
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Financial Institutions
Egypt close to secure 3-year IMF loan programme
by Yomna Yasserby Yomna YasserEgypt announced on Tuesday it is close to agreeing a lending programme with the International Monetary Fund …
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Egypt News
Egypt’s value added tax set at 14pct, to be tackled in parliament
by aya salahby aya salahThe rate of Egypt’s long-delayed Value-added tax (VAT) has been set at 14 percent instead of the …
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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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Egypt’s finance minister said on Monday the country would look to issue a $3 billion Eurobond between …
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The State Council finished reviewing the draft law of value-added tax (VAT). The law was sent to …
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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 …