CAIRO - 23 January 2022: “Egypt is the first African country to issue green bonds,” Finance Minister Mohamed Maait said Saturday. The Minister of Finance added that the ministry is currently seeking to mechanize the Egyptian economy, through the development of the electronic system at the tax and customs authorities. Maait stated that reducing the customs release time was one of the ministry's most important priorities, in addition to the interest in making goods entering Egypt compatible with international standards. The minister pointed out that work is currently underway to control the current economic situation, balance supply and demand, and provide citizens' basic needs. “Providing job opportunities for young people at the present time is considered a national security for Egypt, and therefore we continue to work on current projects to provide these opportunities and protect against any disruption in society,” the minister noted.
