Kouchouk stated that the Ministry of Finance views the government and the private sector as partners and will offer more new incentives to financiers. He added that tax revenues have increased without new burdens, which he attributed to the business community's trust in the ministry's partnership approach. He also noted that the economy has significantly improved.
The Minister announced that a new package of tax facilities
will be introduced soon for the ministry's partners to support economic
activities. He explained that these facilities reduce burdens and obligations,
and that trust and certainty with the business community encourage voluntary
compliance.
"We always aim to provide simplified, unified, and fair
services to attract new financiers," Kojak said, adding that the ministry
is working hard to resolve disputes amicably, expedite value-added tax refunds,
and simplify procedures.
The conference, which was organized in collaboration with
the Real Estate Development Chamber of the Federation of Egyptian Industries,
is titled "The Future of Real Estate.. Challenges, Solutions, and the
Alternative Market."
The event includes participation from the Ministries of
Housing and Finance, the New Urban Communities Authority, the Financial
Regulatory Authority, the General Authority for Investment, and the Urban
Development Fund, along with representatives from public and private banks and
leading real estate developers. The conference serves as a platform for
dialogue aimed at finding practical solutions to current challenges and
supporting real estate investment.
The conference includes three main sessions: "Organizing the Profession and the Developers Union.. Urgent Issues on the Table," "Balancing the Needs of the State and Developers," and "Alternative Markets," in addition to a concluding session.