Egyptian Tax Service Delights Citizenry

Saeed Fouad, adviser to the head of the Egyptian Revenue Authority, said the tax target for the 2023-2024 fiscal year is £1 trillion 500 billion, adding that it was approved by the House of Representatives about a month ago. .

Saeed Fouad indicated during a phone call to the End of Day program that what has been achieved in the current fiscal year has not been specifically announced, emphasizing that the figure achieved is approximately one trillion 50 billion, and he also stressed that in relation to this number there are clear surprises to be revealed over the next period.

Fuad stressed that from the new fiscal year, no new taxes will be levied on citizens, since “there is tax stability for everyone in the current period.” depends, and in past years they were over 75%, but now they are only 71%,” he added, “dependence on taxes has decreased in the general state budget, and other sources have been provided for the general state budget. “

The spokesman added that Egyptian President Abdel Fattah El-Sisi emphasized the need to introduce comprehensive health insurance in all governorates of the country, as it has come into force in a number of governorates, while it is being rolled out gradually from one governorate to another. the other to completely cover Egypt.

Source: “Sada El Balad”