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Egypt’s Revenues Rise Steadily in Recent Years: Infographic

Source: www.export-egypt.com 12/6/2023, Location: Africa

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The Egyptian government’s revenues surged 29.5 percent year-on-year to EGP 335.13 billion ($10.83 billion) during the first three months of the fiscal year (FY) 2023/2024, according to data released by the Ministry of Finance.

The Egyptian government targets collecting EGP 2.14 trillion in revenues in the FY2023/2024 budget, including EGP 1.53 trillion in taxes.

The government’s revenues have been steadily increasing in the past years, as shown in the following graph.

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