Income tax revenues are projected at EGP 1.441 trillion, compared to EGP 1.119 trillion in the previous fiscal year—an increase of EGP 321.219 billion, or 28.7%. This growth reflects the state’s broader strategy to strengthen its fiscal position and finance expanding public services.
Meanwhile, tax revenues from non-sovereign entities rose by EGP 264 billion, or 38%, reaching EGP 956 billion, up from EGP 691.6 billion.
Kouchouk pointed out that many economic challenges will be automatically resolved as the government expands the tax base and strengthens partnerships with taxpayers.
