FILE - Egypt's Ministry of Finance
CAIRO, Nov 26 (MENA) - The Information and Decision Support Center (IDSC) has denied news that the Finance Ministry is acting to impose a new tax on revenues from government bonds and bills, following a government approval on amendments to fix that tax.
The IDSC contacted the Finance Ministry, which dismissed the news as baseless, it said in a statement.
The tax on revenues from bonds and bills is fixed at 20 percent, the IDSC assured.
The circulated news is only a rumor meant to shake the stability of the Egyptian economy and harm the investment climate, it noted.
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