Minister: Egypt looks forward to more flexible outlook of financial & economic performance from int’l classification institutions ...Egypt

Finance Minister Ahmed Kouchouk said Egypt looks forward to more flexible comprehensive outlook by international classification institutions for the financial and economic performance of all emerging countries. Speaking at a seminar organized by the British Egyptian Business Association (BEBA), under Khaled Nousir, the finance minister said Egypt seeks to reduce the debt ratio, external debt and debt service, to create greater financial space in the budget to be spent on human development and social protection. Kouchouk stressed that Egypt works to build bridges of trust between the Egyptian Tax Authority and investors by laying the foundations of an efficient, equitable, and simple tax syst

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