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#egypt expats

On the sidelines of the annual meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, from October 14 to October 16, Egypt’s Minister of Finance, Mohamed Maait, noted that a total of USD 2.5 billion (EGP 49 billion) is anticipated to flow into Egypt’s economy as a result of the expat customs-free car import initiative. The initiative allows Egyptians living abroad to have one personal-use vehicle shipped to Egypt without having to pay customs…