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EGEconomy4 days ago

PM: Government submits business, tax reform bills to parliament

The Egyptian government has submitted seven legislative amendments to parliament aimed at improving the business climate through customs and tax incentives. Prime Minister Mostafa Madbouly stated that the reforms, which followed extensive consultations with the business community, aim to encourage investment, support exporters, and stimulate economic activity. The government also announced a target of achieving merchandise exports of around $100 billion by 2030 as part of broader economic resilience efforts. A newly launched foreign trade information portal is intended to assist exporters and

The government submitted seven legislative amendments to parliament aiming at improving the business climate through customs and tax incentives, Prime Minister Mostafa Madbouly said Tuesday, June 16, 2026.

Speaking at the launch of Egypt’s Foreign Trade Information Portal, Madbouly said the government hoped the House of Representatives would approve the measures before June 30.

He said the proposed reforms were the result of extensive consultations with the business community and were designed to encourage investment, support exporters and stimulate economic activity.

Madbouly added that Egypt was targeting merchandise exports of around $100 billion by 2030 as part of efforts to narrow the country’s trade deficit and strengthen the economy’s resilience against external shocks.

The prime minister said the newly launched trade portal would provide exporters and investors with market data and information to help them access new markets, improve product competitiveness and support export growth.

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Source document: Prime Minister Mostafa Madbouly

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Egypt IndependentIndependentCenter4 days ago
PM: Government submits business, tax reform bills to parliament

The Egyptian government has submitted seven legislative amendments to parliament aimed at improving the business climate through customs and tax incentives. Prime Minister Mostafa Madbouly stated that the reforms, which followed extensive consultations with the business community, aim to encourage investment, support exporters, and stimulate economic activity. The government also announced a target of achieving merchandise exports of around $100 billion by 2030 as part of broader economic resilience efforts. A newly launched foreign trade information portal is intended to assist exporters and

Bias read (Center): The article presents factual information about policy proposals without overtly favoring any political side. It includes direct quotes from the Prime Minister and outlines the goals of the proposed legislation without editorializing or emphasizing particular ideological perspectives.

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  • government Prime Minister Mostafa Madbouly

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  • governmentPrime Minister Mostafa Madbouly