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Egypt to introduce property taxes

President Morsi's administration turns to introducing property taxes to boost the economy.

Last Modified: 03 Apr 2013 12:51
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Egypt’s government is running out of money.

The International Monetary Fund has linked a multi-billion dollar loan, to an increase in taxes.

As a result, president Mohamed Morsi’s administration is introducing property taxes.

However, many Egyptians are not happy with the decision.

Al Jazeera's Anita McNaught reports from Cairo.

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Source:
Al Jazeera
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