Egypt to introduce property taxes

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

    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.

    SOURCE: Al Jazeera


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