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Egyptian Tax Reconciliation: Policies to Support Exporting Food Industries – Yasser Sabahi, Deputy Minister of Finance

  • Yasser Sabahi, Deputy Minister of Finance for Financial Policies, at the first conference for exporters of food industries
  • Trust in the ability of the private sector to compete.. and the government will support productive and export sectors
  • Enhancing the competitiveness of Egyptian exports within a comprehensive vision of financial and economic reform
  • Working on investment-stimulating financial policies.. to enhance confidence in the Egyptian economy
  • The ministries of the economic group are seeking to provide radical solutions to the challenges of industry and exports
  • Targeting the creation of a competitive climate that ensures profits for companies and economic returns for the state
  • Disbursed 67 billion pounds to support more than three thousand exporting companies, including 12.2 billion pounds for food industries since 2019
  • Refunded 3.8 billion pounds of value-added tax to 1600 companies during the last fiscal year within a deadline not exceeding 22 days for each
  • Continuing to reduce the prescribed period for refunding value-added tax.. to facilitate for investors.

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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