Speaking at the Budget Transparency Forum, organized by Dcode Consulting in coordination with the International Budget Partnership (IBP), Kouchouk highlighted the Ministry of Finance's commitment to a comprehensive package of practical measures aimed at strengthening transparency, financial disclosure, and public participation.

 

The Minister emphasized that the ministry remains open to all ideas and proposals that reinforce partnerships with citizens in setting budget priorities, while also embracing innovative community initiatives through a more targeted approach to addressing development needs.

 

He added that the ministry is working in close coordination with all state institutions to improve public services and strengthen financial disclosure. Efforts are also underway to simplify financial information by presenting it in a clearer and more accessible manner, while ensuring its timely publication to enhance public awareness and engagement.

 

Kouchouk further underscored the ministry's close cooperation with the House of Representatives, the Senate, the Central Auditing Organization, and all relevant partners. He announced that decisions would be issued today to institutionalize financial disclosure and the publication of financial data, alongside a clear roadmap for advancing transparency and disclosure practices as part of Egypt's ongoing public financial management reforms.

 

Yasser Sobhi, Deputy Minister of Finance, noted that Egypt recorded significant progress in the 2025 Open Budget Survey, advancing 10 places in the global ranking.

 

He highlighted that Egypt ranked 10th worldwide in budget oversight, improved its parliamentary oversight score from 53 to 61, gained five points in the budget oversight index, and maintained its standing in public participation.

 

Sobhi added that the Open Budget Survey reflects Egypt's continuous progress in enhancing both the quality of financial disclosure and the availability of budget information, underscoring the country's sustained efforts to promote transparency and accountability.

 

Sarah Eid, Advisor to the Minister of Finance for Budget Transparency and Public Participation, said that Egypt now ranks among the top six countries worldwide in strengthening public participation in government planning and decision-making. She added that Egypt is also among the top five countries globally achieving the greatest improvements in legislative and financial oversight indicators.

 

Eid emphasized that Egypt's notable progress in the International Budget Partnership (IBP) indicators is the outcome of more than a decade of sustained reforms aimed at modernizing public financial management and embedding the principles of transparency, accountability, and citizen engagement.