Egypt Boosts Tax Revenues to GDP Without Extra Burden on Businesses

Egypt’s Deputy Minister of Finance for Tax Policies Sherif El-Kilany said tax revenues have risen by around 1% of gross domestic product without imposing additional burdens on businesses, reflecting the effectiveness of current tax policies in balancing state revenue growth with economic activity.

Speaking to Erem Business, El-Kilany noted that the Finance Ministry aims to raise the tax-to-GDP ratio to about 15.2% by fiscal year 2029–2030, compared with 12.3% in fiscal year 2024–2025.

He added that the ministry plans to launch a second package of tax facilitations during the current fiscal year, alongside customs and real estate incentives, building on the success of the first package to improve the investment climate, support entrepreneurship and attract more local and foreign investors.

El-Kilany stressed that ongoing dialogue with taxpayers is helping develop a fair and flexible tax system, enhance service quality and enable businesses to grow and expand across sectors.