By Ahmad Ouf
The Egyptian federation of investors associations board management (EFIA) declared that it will form a committee to discuss with the minister of finance a re-evaluation for the assets of the companies to reduce the high tax impact on the Egyptian pound exchange rate.
Moreover, the committee will meet with the Central Bank Governor to reach a solution for the troubled companies as a result of the low pound exchange rate. The board suggests as a solution that companies can get loans with an interest rate of 5 or 7 percent.
