Egyptian minister of finance: no new taxes

The conference of developing markets in the Arab world ended yesterday in Cairo after three days of meetings, in which experts from 35 Arab and foreign countries participated in addition to several world organizations and investment banks.

The conference's session discussed several important subjects such as regional cooperation on the Arab level and the situation in the Arab stock markets. They also held a session about direct investment, a session for investors, and three workshops to discuss Arab joint markets, globalization and the circumstances of investment in Lebanon.

At the conclusion of the works of the conference, Egyptian Minister of Finance Mohieddin El-Gharib told ArabicNews.com today that the government will not impose new taxes to decrease the tax burden on citizens, with full commitment to the policy of economic reforms.