Minister of Finance Mohamed Maait has confirmed the government’s commitment to maintaining a stable tax policy that would encourage local and foreign investment, create more jobs, and improve the living standards of citizens. He said that the government wants to enable the private sector to make the best use of the available resources and the promising investment opportunities, with the support of a strong political will and a modern infrastructure. Ahmed El-Wakil, the President of the Federation of Chambers of Commerce, expressed his appreciation for the Minister of Finance’s continuous keenness to listen to the business community in its various sectors, which leads to strengthening the relationship between the government and the private sector and contributes to achieving the national goals and strategic objectives. He noted that the stability of the tax policy contributes to stimulating local and foreign investment and creating a more conducive environment for growth, which helps in planning for future projects. The meeting was attended by Ehab Abu Aish, the Deputy Minister of Finance for General Treasury; Mona Nasser, the Assistant Minister of Finance for Follow-up and Management of Customs Development Projects; Rami Youssef, the Assistant Minister of Finance for Tax Policies and Development; Al-Shahat Ghaturi, the Head of Customs Authority; Fayez El-Debaany, the Head of Tax Authority; Sayed Saqr, the Deputy Head of Tax Authority; Nisreen Lashin, the General Manager of the General Investor Services Administration; and Alaa Ezz, the Secretary-General of the Federation of Chambers of Commerce.


Source:   Daily News Egypt
November 07, 2023 10:32 UTC