He added that the government is working on completing a comprehensive and integrated development to enhance both the tax and customs systems. Maait stated that these electronic systems increased tax revenues by 26.9% during the last fiscal year without imposing additional burdens on investors. The minister emphasized that mechanized tax systems help expedite tax examination procedures, to complete them annually. This new law uses a simplified fixed tax system, and its executive regulations have been issued. The government is committed to expediting customs clearance for strategic goods, medicines, petroleum products, fuel, and production essentials for priority sectors.
