The Finance Ministry announced that it would be implementing emergency measures worth over US$7 billion to mitigate the ripple effects of global inflation and supply chain disruptions, crises that have been compounded in recent weeks by the repercussions of the Russian war on Ukraine.
Egypt lost LE 123 billion of revenues during the past three months due to coronavirus, according to Minister of Finance Mohamed Ma’it.
Egyptian Finance Minister Mohamed Maait announced Aug. 20 that a team from the Finance Ministry and the Egyptian Tax Authority is set to finalize a new income tax bill that will include a tax on social media and digital platform ads.
The Administrative Control Authority (ACA) charged eight individuals with corruption accusations in separate incidents in Alexandria, Suez, Ismailia, Luxor, and Aswan.
The members of parliament “25–30 bloc” called on the government to hand over the records of the meetings of the National Committee for Demarcating the Maritime Borders with Saudi Arabia.
Egypt’s media is often in the news itself as it has faced one government crackdown after another over the years. The idea of a free press in Egypt is often seen as a paradox. The recently elected president of the Egyptian Journalists’ Union, who is affiliated with the regime, now faces the thorny task …
A count of 67 corruption incidents in state institutions in February was announced in a report issued Thursday by Partners for Transparency (PFORT), also highlighting that the future of anti-corruption legislation remains uncertain in the parliament.
In its latest clampdown on civil society, the Egyptian regime has launched a new crackdown on civil organisations by prosecuting human rights organisations under the guise of fraud and money laundering.
Transparency International said on Wednesday that “Corruption levels in Egypt are still high in the absence of a real political will to fight it”, in its Corruption Perception Index 2016.
The Administrative Control Authority (ACA) arrested on Saturday finance ministry official while receiving bribe, state TV announced.