"I am very proud of e-Finance’s important experience, and thank all the dream makers," the Minister stated, adding that the ambition for e-Finance is vast, representing an "investment in the future" both domestically and internationally through cutting-edge technology. He noted that several countries have requested to adopt Egypt's pioneering digital transformation experience, led by e-Finance, to develop their public finance systems.
He expressed gratitude to the digital transformation
partners in public finance and the tax system, highlighting the significant
opportunities ahead:
Electronic Budget: Has enabled real-time monitoring of
revenues and expenditures, leading to more efficient financial decision-making.
Electronic Invoice and Receipt Systems: Have provided an enormous
wealth of information. The Ministry plans to heavily invest in analyzing this
data to serve investors and citizens.
The Minister affirmed confidence in e-Finance's capabilities
to support and facilitate government services and stimulate sustainable
development.
Kouchouk, announced that the government will build upon this
developed electronic information wealth to provide better and easier services
to the business community. This will be achieved by investing heavily in Artificial
Intelligence (AI) to leverage the analysis of financial and tax data, thereby
simplifying procedures for partners and enhancing the competitiveness of the
Egyptian economy.
He further indicated that the next phase will feature 12
advanced programs within the Tax and Customs authorities, aimed at deepening
the partnership of trust with the business community and citizens.
Engineer Ibrahim Sarhan, Chairman and Managing Director of the e-Finance Group, confirmed that the company's success journey began with a clear idea and the state's full trust in their capabilities. He noted that the company started with major challenges but has now mechanized all financial networks, providing easier and faster services to investors and citizens. He concluded that e-Finance collaborated with various state sectors to build the largest electronic payment and collection network in the region, and is committed to continuous innovation and expansion both locally and internationally.