24.1% tax revenue increase without new taxes

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Thu, 09 May 2024 - 02:44 GMT

BY

Thu, 09 May 2024 - 02:44 GMT

Finance Minister Mohamed Maait - file

Finance Minister Mohamed Maait - file

CAIRO - 9 May 2024: Tax revenues as of the end March grew by 24.1%, Finance Minister Mohamed Maait told the House of Representatives Wednesday.

 

The minister said the significant increase is a result of tax reform efforts, including mechanization and the elimination of tax evasion.

 

Maait emphasized that the new figure comes without imposing any new tax.

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