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Video: Egypt's new measures to include higher taxes, fewer food subsidies

Video: Egypt's new measures to include higher taxes, fewer food subsidies


Arab Finance: After floating the Egyptian pound and lifting partial subsidies from energy products, the government is planning a second phase of economic reforms.

Cabinet members have been drafting a plan to present to Egyptian President Abdel Fattah el-Sisi for approval.

The new measures are expected to include higher income taxes and reduced food subsidies.

 

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