Promoting Industrial Growth and Encouraging Foreign Direct Investment in Egypt
Cashless Economy
- The National Council for Payments does not have in place a clear plan, with specific interim objectives to guide the universal implementation of the cashless payment system.
Responsible Entities
Date 2/2/2020
- The National Council for Payments should develop a national plan, which includes clearly defined interim objectives, well-developed implementation mechanisms, and criteria for measuring and assessing performance.
Responsible Entities
Date 2/2/2020
- The Minister of Finance announced that the rate of electronic collection of taxes and customs duties has increased.
- CBE has introduced a national e-payment system (Meeza Card), which provides users access to various financial services, thus enhancing financial inclusion.
- The Minister of Interior presented an updated overview of the scheme to develop the national ID smart card.
Responsible Entities
Date 2/2/2020