Egypt’s Ministry of Finance aims to reduce the debt of the country's budget sector to 78.1% of GDP by 2027, bringing it below the emerging-market average, while lowering debt-servicing costs and increasing spending on human development, particularly healthcare and education.

Finance Minister Ahmed Kouchouk said the external debt of Egypt’s budget sector had declined by approximately $6.5 billion over the past three years. He emphasized that the government's fiscal policy priorities focus on building trust with the business community and striking a balance between stimulating economic activity and maintaining fiscal stability and discipline.

Speaking during a meeting with international experts on the sidelines of the International Monetary Fund (IMF) and World Bank meetings in Bangkok, Kouchouk highlighted the private sector’s recovery and growing role in driving economic growth, which reached 5.1% despite global and regional challenges.

He noted that Egypt ranked first among African countries in attracting foreign direct investment (FDI) in 2025, reaffirming the government's commitment to implementing growth-supporting reforms and expanding the use of technology to streamline and improve tax, customs, and real estate services.

Kouchouk also revealed that Egypt had achieved a primary budget surplus equivalent to 4.9% of GDP, compared with an average primary deficit of 3.4% across emerging markets. Meanwhile, the country's overall budget deficit narrowed to 5.8% of GDP.

The Ministry of Finance is targeting a further reduction in the overall budget deficit to 4.9% of GDP by the end of June 2027, as part of broader efforts to strengthen fiscal sustainability, ease debt burdens, and create additional fiscal space for priority development spending.