M1 Participates in the Annual Economic Conference of the Scientific Society for Tax Legislation Under the Title "Roadmap to Support the Egyptian Economy"
M1, a leading company in accounting and tax services in Egypt, participated in the annual economic conference of the Scientific Society for Tax Legislation, held this year in Cairo under the title "Roadmap to Support the Egyptian Economy." The conference was generously sponsored by M1 and attended by a number of public figures and prominent experts in economic and tax affairs, most notably Dr. Ahmed Kouchouk, Minister of Finance.
The conference reviewed a set of core themes aimed at formulating flexible fiscal and monetary policies that contribute to achieving sustainable development and support Egypt's drive towards becoming a regional hub for pre-manufacturing, logistics, and transportation industries. Additionally, it focused on supporting agriculture and food industries with the goal of opening new international markets for Egyptian products.
In this context, Mr. Mohamed Rizk, CEO of M1, affirmed that the conference served as an effective dialogue platform between decision-makers and specialized experts. He noted that the Minister of Finance's active participation resulted in important recommendations that benefit the tax community. He also stressed the vital role played by accounting and tax services companies in supporting national economic stability and creating a healthy and sustainable investment environment.
For his part, Dr. Ahmed Kouchouk delivered a speech in which he indicated that the Ministry of Finance is currently studying an ambitious program to support export activities in the coming years, in line with the aspirations of both the state and exporters. He also clarified that the Ministry is in the process of implementing a comprehensive strategy to stimulate economic sectors, especially productive and export-oriented ones, with a focus on transitioning to clean energy and providing additional incentives for vital sectors.
The Minister affirmed that the new financial policy will not be limited to achieving financial discipline only, but will also extend to stimulating the macroeconomy and working to improve government debt indicators. This will allow for greater financial space to invest in human capital and enhance developmental spending.
For more details about the conference, you can read the press coverage through the following link: