Egyptian Minister of Finance Ahmed Kouchouk announced that the ministry is preparing to launch the third package of digital reforms and activities that impact citizens' lives soon, completing the tax reform path. This package includes a large number of activities that influence the daily life of citizens and the financial collection system.
This came during a joint ministerial seminar that brought him together with Lebanese Minister of Finance Yassine Jaber, as part of the Cairo ICT 2026 exhibition and conference. The discussions focused on the role of data, modern technologies, and artificial intelligence in improving financial collection, developing services provided to citizens, and modernizing tax and customs administrations.
Tax Facilitations and Digital Transformation
Kouchouk explained that the digital transformation and tax facilitation initiative aims to create a qualitative shift in dealing with taxpayers, ensuring they receive distinguished service, reducing their burdens, and reflecting positively on their business operations. He pointed out that the ministry began by establishing a strong infrastructure that enables automation and electronic communication, confirming that all invoices are submitted electronically and that work is ongoing to develop the ministry's mobile application and launch new versions of it.
Regarding the parallel market, the Minister of Finance emphasized that the ministry has moved toward encouraging voluntary compliance among taxpayers, noting that 240,000 individual and corporate taxpayers have voluntarily joined the system, with the ministry currently focusing on integrating small, medium, and micro-enterprises.
What Does This Mean for Users and the Tech Sector?
For his part, Lebanese Minister of Finance Yassine Jaber stressed the importance of benefiting from the Egyptian experience in the fields of digital transformation and tax reform. He indicated that his country seeks to leverage the expertise of Egyptian companies such as e-finance in developing payment systems and electronic payments, in light of the temporary suspension of reform efforts in Lebanon due to current circumstances.
The Cairo ICT 2026 exhibition is considered one of the most prominent technical forums in the region. It includes specialized events such as the Digital Payments and Financial Inclusion exhibition (PAFIX) and the Artificial Intelligence and Data Centers exhibition (AIDC²), which enhances the role of digital applications in developing government and institutional work.