An article written by Ahmed Kouchouk, Minister of Finance of Egypt and Interim Chair of the Borrowers’ Platform.
Kouchouk affirmed the government’s openness to political and national forces, stressing that their proposals will be reflected in the country’s economic path.
In a statement, Kouchouk emphasized that all government entities are committed to rationalizing expenditures, focusing on essential needs, and ensuring the continuity of economic and productive activity.
In a statement issued on Sunday, the minister said the bond provides a fixed annual return of 17.75 %, net of taxes, paid on a monthly basis for a period of 18 months.
The measures form part of the second phase of the government’s tax facilitation package, developed following around 40 consultation sessions with representatives of the tax community and business stakeholders.
