5 January 2013

Egypt: Sales Tax, Social Justice, Tourism Top Government Priorities

The Egyptian government could very soon be revising taxes on certain commodities following recommendations by participants in a national initiative for the economy, the International Cooperation Minister Ashraf al-Arabi said Friday 04/01/2013.

An integrated system for social justice, as well as tourism, also top the government's agenda, Ashraf al-Arabi said.

Prime Minister Hisham Qandil launched the national initiative Sunday with the aim of giving the Egyptian economy a shot in the arm.

A socio-economic council should be formed soon in line with the new constitution, Arabi said, adding that it will group experts and representatives of all parties and segments.

The council will be tasked with outlining propositions for economic development before referring them to the Shura Council and House of Representatives, Arabi noted.

The national initiative is concerned with the files of investment and employment, energy, tourism, fighting corruption, creativity and social justice.

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