Egypt

"Spokesman": Study the reduction of financial burdens on investors within efforts to improve the investment climate

A spokesman for the Council of Ministers, Counselor Mohamed Al -Homsani, said that the government meeting yesterday discussed the financial fees and burdens faced by investors in Egypt, especially during dealing with several parties, and a study of mitigating them in the framework of efforts to improve the investment climate and attract investors. > The ministers spokesman confirmed in an intervention with the & quot, Extra News & quot; Today, Thursday – the government decided to address this problem and work to solve it, within the framework of the most comprehensive goal, which is to address and improve the field of investment in Egypt, in addition to the policies of reducing the time of customs release and adopting new tax policies, pointing out that any financial burdens must have a legislative framework Through the law, and upon the adoption of this legislative framework after its adoption by the Council of Ministers, it is presented in Parliament. Supporting the private sector and attracting foreign investments, so the state provides several legislation to improve the investment climate, whether by amending laws within the framework of investment or the industrial sector and other sectors.

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