Soft Launch
 
Egypt to tender for first car scrapping centre 25/05/2018
CAIRO - Egypt plans to tender for its first car scrapping centre, the state news agency MENA quoted the finance minister as saying.

Minister of Finance: New Community Participation and Additional Resources Without affecting the poor, are the Objectives of the Additional 5 %Tax 25/05/2018
Minister of Finance, Mr. Hany Kadry Demian confirmed that the draft law regarding the introduction of the additional 5 % Tax on individuals whose year income exceeds one million EGP, targeting three main pillars

Finance Minister's Announcements in "Inclusive Growth and Job Creation Conference" in Egypt 10/05/2018
Finance Minister, Mr. Amr Al-Garhy, confirms that the success of the government's ongoing economic and social economic program is attributed to the political leadership's continuous support and keenness to confront society with challenges of reform that remained at a standstill in pervious eras.

On Sidelines of IMF, WBG Spring Meetings in Washington, Finance Minister Takes Part in Round Table Session on Financial Transparency in MENA 23/04/2018
On the fringe of the International Monetary Fund (IMF) and the World Bank (WB) Group's 2018 Spring meetings, held currently in Washington D C, Finance Minister, Mr. Al-Garhy, has taken part with his counterparts in MENA region in a round table session on financial transparency. Vice minister of finance for fiscal policies and institutional development, Mr. Ahmed Kouchouck, and head of Macro Fiscal Unit (MFU) and general coordinator for the transparency initiative, Ms. Sara Eid, have also participated in the

Review of Finance Minister's Interview with Public Opinion "Alra'e Al'am" TV Programme 16/01/2018
Finance Minister, Mr. Al-Garhy, underlined in his interview the persistence of President Al-Sisi to address anew all the neglected and cumulative problems; most important of which was the failure to correctly assess rendered-services against their true value and up-to-date market prices.

Mr. Amr Al-Garhy: 30th of November is the Deadline for Using Paper Checks by All the State's Authorities, Special funds and Accounts 29/11/2017
Finance Minister Mr. Amr Al-Garhy announced that all the State authorities, Special Funds and Accounts should end using paper checks by the 30th of November and would apply instead an e-payment system and the Treasury Single Account (TSA). As many as 61 thousand accounts for 2650 accountancy units would be closed across all the State's bodies.

Finance Minister Mr. Amr Al-Garhy announces: GFMIS project is successfully kicked off 08/08/2017
The Ministry of Finance held a meeting lately addressing E-payment and GFMIS initiative, with the attendance of Dr. Mohamed Maait, Vice Minister of Finance for Treasury Affairs; Eng. Khaled Nassif, Deputy Minister of Finance for IT; E-Finance representatives; heads of sectors and revenue authorities affiliated to the Ministry of Finance; along with work groups in charge of following up the implementation of the budget automation project across Egypt.

Minister of Finance Announces: Additional offering of Egypt Dollar Notes garners US$ 3 billion thanks to unprecedented demand of foreign investors 05/06/2017
Finance Minister, Mr. Amr Al-Garhy, announced that Egypt has made a comeback to international markets through additional offering of Egypt dollar notes last January. Within few hours since the Ministry's announcement of an offering of US$ 3 billion worth of notes on 24th of May 2017, more than 11 billion purchase requests were received. This significant turnout is deemed the greatest ever for any emerging market when re-offering its notes in markets.

Minister of Finance on the sidelines of the conference on announcement of the results of tax returns filing for the F Y 2016/2017 10/05/2017
Minister of Finance, Amr El-Garhy, announced that the government currently considers a new issuance of Eurobonds in the international financial markets. It is expected that such offering shall be issued at the end of May or in the beginning of Next June, within the required financing procedures for the new budget.

Minister of Finance announces results of the time cycle of filing Tax returns in a press conference held at the Large Taxpayer Center 09/05/2017
Minister of Finance, Mr. Amr Al-Ghary, paid a visit to the Large Taxpayer Center on the occasion of termination of the time cycle of filing tax returns of companies. He hailed efforts of the taxation body and thanked all employees for their dedication and for successfully achieving the entire targets of this FY taxation plan.

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