In a statement, Kouchouk emphasized that all government entities are committed to rationalizing expenditures, focusing on essential needs, and ensuring the continuity of economic and productive activity.
According to the Ministry, the overall deficit stood at EGP 879.3 billion, equivalent to 5.1% of GDP, compared to EGP 898 billion, or 6.5% of GDP, during the same period last year.
Egypt's Finance Minister highlights robust economic performance, exceeding targets despite global headwinds.
Minister of Finance announces substantial rise in Egypt's social protection budget to EGP 635.9 billion for fiscal year 2024/2025.
Maait said that the recent reforms undertaken by the Egyptian government to develop the economic situation help achieve stability and economic progress, complementing the general state budget with ambitious targets.
