Maait stated in a ministry statement on Tuesday that the Ministry of Finance is targeting EGP 2 trillion in tax revenues for the new budget, without imposing any additional burdens on citizens or investors.
Maait indicated in a press conference on Sunday in Cairo, that the primary surplus amounted to EGP 193 billion during the same period, compared to EGP 41.8 billion a year ago.
President El-Sisi gave directives to continue developing the performance and improving the efficiency of project implementation to improve the indicators of the general budget and reduce the overall budget deficit.
Egypt had previously expected the achieved results for the state budget during the first half of the year to help reduce the general budget deficit.
Egypt's budget deficit rose to EGP 367.39 billion during the period from July to the end of December 2022, compared to EGP 285.13 billion during the same period last year.
