Very Important Government Announcement

Announcement from The Egyptian Ministry of Economy

We would like to announce that Egypt is going forward with reducing the tax from 11% to 10% in order to allow for a breathing space for all workers who work hard for good wages to support their families and their homes. ✨

We were getting requests from people asking us to lower the tax rates and they were very vocal about it, and after analysis from the ministry and co-operation with the Congress, we decided that it was in the best interest of everyone to lower the interest rates, to allow for more income to workers and more flexible wages.

This means that the worker can get more income from the same wages, therefore improving the economical situation for many workers. 💵💵

This is a call to every businessman and worker to come to Egypt and work under our new tax rates.

Thank you for your attention to that matter.

Ministry of Economy