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Egyptian Tax Authority: Minister of Finance Implements Presidential Directives to Streamline Financial System

  • Ministry of Finance working on automating the system of reconciliation between investors’ dues and government debts
  • Contracting with a specialized company to operate financial facilities to implement the electronic system for reconciliation and financial settlements for investors
  • Targeting to accelerate procedures and refund value-added tax within 45 days and pay exporters’ support within 90 days to stimulate and encourage investment

Source: facebook.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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