Sisi orders to accelerate pace of developing taxes, customs systems

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Thu, 31 May 2018 - 06:08 GMT

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Thu, 31 May 2018 - 06:08 GMT

Egypt's President Abdel Fatah al-Sisi - Reuters

Egypt's President Abdel Fatah al-Sisi - Reuters

CAIRO -31 May 2018: President Abdel Fattah El Sisi issued directives on Thursday to speed up the pace of developing the taxes and customs systems while paying attention to human resources.

Sisi made the remarks during his meeting with Prime Minister Sherif Ismail, Finance Minister Amr el Garhy and acting chief of the General Intelligence Service Abbas Kamel.

The president underscored the importance of improving the services provided to citizens and investors in a way that helps in streamlining the work of the taxes and customs authorities, presidential spokesman Bassam Radi said in a statement.


He also ordered to settle tax disputes, without compromising the state’s rights and resources.

The finance minister said work is under way to develop tax policies in a complementary way, noting that the ministry’s plan to improve tax performance has a target that tax revenues should constitute 18 percent of the gross domestic product (GDP).

The meeting also tackled a plan to develop the customs authority, with Garhy asserting that the ministry is working on upgrading the customs systems at the legislative level that includes preparing a new customs law, which is set to achieve the state's vision and meet its needs.

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