Cairo – Mubasher: Egypt’s revenue from taxes on the returns of treasury bills and bonds grew 17% year-on-year during the first nine months of 2019.
The value of taxes on T-bills and T-bonds reached EGP 36.12 billion ($2.14 billion) from July to March, compared to EGP 30.83 billion ($1.83 billion) in the year-ago period, according to the Ministry of Finance (MoF).
Egypt’s total tax revenue went up to EGP 468.4 billion in the nine-month period ended 31 March from EGP 403.2 billion the year before.
