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Finance Minister Highlights Collaborative System Design

Finance Minister Highlights Collaborative System Design

Ahmed Kouchok, Egypt's Minister of Finance, emphasized the importance of intellectual exchange with startups and entrepreneurs in supporting and developing the economic system. He explained that the government is working to design simplified tax systems that encourage small-scale activities and foster growth, with 80 billion Egyptian pounds allocated to financing and stimulation programs. Additionally, there are efforts to establish two funds to support specific sectors. He also highlighted the success of the digital transformation in improving services, noting that the number of registered users on the real estate tax application has exceeded 1.2 million citizens. The government continues to develop this system to achieve greater simplification.

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