Cairo: Minister of Finance Ahmed Kouchouk stated that Egypt has secured economic stability and is committed to maintaining it to attract further investment. He emphasized that the recent tax facilities are designed to simplify procedures for businesses.

According to State Information Service Egypt, Kouchouk highlighted the government’s focus on creating a favorable business environment. The tax facilities are part of broader efforts to reduce bureaucratic hurdles and encourage both domestic and foreign investment in the country.

Minister Kouchouk’s remarks come amid ongoing efforts by the Egyptian government to bolster economic growth and enhance investor confidence. The simplification of tax procedures is seen as a crucial step in ensuring that businesses can operate more efficiently and effectively within the Egyptian market.