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Ministry of Finance: State budget was not amended

Sources at the Ministry of Finance said the Supreme Council of the Armed Forces did not amend any provisions of the 2011/2012 state budget, which was endorsed by the government recently.

In related news, Khaled Abdel Naby, a member of the Tax Authority’s technical department, asked Minister of Finance Samir Radwan to levy a tax on the government institutions’ private funds so as to offset the capital gains tax that was recently cancelled.

“This would enable the ministry to control those funds,” he said.

Translated from the Arabic Edition

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