The Minister noted that Egypt’s economy is improving, highlighting that the private sector has demonstrated its capacity for growth, accounting for 60% of total investments over the past ten months.
The recognition highlights Kouchouk’s “visionary economic stewardship” and his role in implementing bold fiscal reforms that have driven financial stability and inclusive growth in Egypt.
The new program doubled the total budget to reach EGP 45 billion.
Central Bank of Egypt to issue 90B EGP treasury bills tomorrow amid recent 100 bps interest rate cut.
Income tax revenues are projected at EGP 1.441 trillion, compared to EGP 1.119 trillion in the previous fiscal year—an increase of EGP 321.219 billion, or 28.7%. This growth reflects the state’s broader strategy to strengthen its fiscal position and finance expanding public services.