Economy is progressing steadily on the right path thanks to support of political leadership, citizens and development partners, announces Dr. Maait
(World News Egypt)

Finance Minister, Dr. Maait announced in a press conference held recently the following statements: · A leap is witnessed in all the State financial indicators and we are committed to complete the reform program.· 21 billion EGP worth of budget primary surplus is recorded in H1 2018/19· Total budget deficit shrank to 3.6% over H1 2018/19 ,down from 4.2% in the same period in the prior FY.· 28.4% increase is achieved in total public revenues, with a higher growth rate exceeding the public expenses rate of 17.7%.· Proceeds of real estate tax surged by 102%, taxes on free profession by 47%, salary taxes by 37% and VAT by 21%.· Allocations to educational sectors increased by 21%, health sector...