The budget aims to increase spending on essential services, social protection programmes and public investment, while meeting the state’s financial obligations.
Egypt’s House of Representatives has given final approval to the state budget for fiscal year 2026/27, with total budget uses estimated at EGP 8.176 trillion.
The approval came during Monday’s plenary session chaired by Speaker Hisham Badawy. The budget aims to increase spending on essential services, social protection programmes and public investment, while meeting the state’s financial obligations.
Under the first article of the budget law, total revenues, borrowing proceeds, financial asset sales and other sources are estimated at EGP 4.175 trillion for FY2026/27.
Total expenditure is projected at EGP 5.178 trillion, up from EGP 4.574 trillion in the previous fiscal year.
The spending plan allocates EGP 822.8 billion for wages and employee compensation, while interest payments are set at EGP 2.419 trillion, compared with EGP 2.298 trillion in FY2025/26.
Subsidies, grants and social benefits are budgeted at EGP 832.3 billion, up from EGP 742.5 billion a year earlier. Other expenditure is set at EGP 261.1 billion, compared with EGP 201.8 billion in the previous budget.
Public investment, classified as purchases of non-financial assets, is projected to reach EGP 553.7 billion, up from EGP 434.9 billion in FY2025/26.
Appropriations for the acquisition of domestic and foreign financial assets are estimated at EGP 190.3 billion, compared with EGP 172.8 billion in the previous fiscal year.
Meanwhile, allocations for the repayment of domestic and external loans are set at EGP 2.808 trillion, up from EGP 2.085 trillion in FY2025/26, an increase of around EGP 723.3 billion.
The higher debt repayment allocation reflects the government’s continued commitment to meeting its financial obligations and reducing the burden of public debt.
