The Minister added that support initiatives for the tourism, industrial, and agricultural sectors will continue, noting that the disbursement of incentives will be tied to achieving tangible results on the ground

Minister of Finance Ahmed Kouchouk affirmed that securing citizens’ basic needs and ensuring the availability of production inputs for investors remain top priorities, stressing the continued coordination and consultation with all state entities to safeguard and strengthen strategic reserves of essential commodities and energy.

 

Speaking while chairing the Ministry of Finance’s Crisis Management and Risk Reduction Committee, Kouchouk stated that the government is working to secure the necessary financial allocations to meet essential needs, particularly in social spending and human development.

 

He emphasized that sustaining the growth of productive and export-oriented activities remains at the forefront of fiscal policy priorities, with the aim of enhancing economic competitiveness and creating job opportunities.

 

 He reiterated that encouraging the private sector to expand in production and exports remains a strategic choice, supported through tax, customs, real estate, and financial facilitation measures.

 

Kouchouk also highlighted ongoing efforts to rationalize public spending and consumption across state entities, while directing financial resources toward strategic priorities.

 

He noted that the use of hedging tools, expenditure rationalization, and the optimal management of reserves contribute to mitigating potential risks and easing pressures on the state budget.

 

He further revealed that a joint committee with the Central Bank convenes regularly to assess market developments and adopt more resilient policies capable of absorbing shocks.

 

He stressed the importance of daily monitoring of economic developments, international trade flows, and global markets to assess their local and regional implications, alongside closely tracking global market trends, international forecasts, and oil price developments.

 

Kouchouk underscored the government’s commitment to maintaining direct and constructive engagement with investment circles and institutions, explaining the consistent and proactive economic and fiscal measures undertaken to contain potential impacts on the Egyptian econom