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Minister of Finance, In the session of "Growth of the Middle East and North Africa" during "Davos" forum 2025: The Egyptian economy will improve further with the continuation of economic reforms and the acceleration of structural reforms within the framework of an integrated and stimulating path for private sector growth


The Egyptian economy is characterized by great diversity and our mission is to increase the competitiveness of the Egyptian economy, especially the industrial sector and export activities

Manufacturing, tourism and ICT sectors in Egypt lead the growth of the first quarter of the current fiscal year to about 3.5% compared to 2.4% in the previous quarter

Our financial policies enhance the resilience, stability, growth and competitiveness of the Egyptian economy in the face of regional and global challenges

Continuing the policy of financial discipline and reducing indebtedness, especially external indebtedness, and working to improve its indicators

The tax facilitation package aims at broadening the tax base, improving the business environment for startups and creating a state of trust with taxpayers

Enhancing Public-Private Partnerships (PPPs) for a sustainable resilient future

For the first time in a while, the percentage of Egyptian private investments to the total state investments exceeds 63%

We target the governance of the management of economic activity by setting an annual ceiling for public investments, general government debt and government guarantees

Increasing reliance on renewable energy sources and green investments promotes Egypt's regional role in clean energy

The private sector is leading green economy initiatives. to improve our ability to sustain and adapt to climate changes

Keeping up with the global trend of advanced technology requires raising the efficiency of the employees in artificial intelligence and green technologies

We stimulate long-term investments in education and smart infrastructure to build a diversified knowledge-based economy

Concerted regional efforts and enhanced economic cooperation to reduce the impact of global supply chain disruptions

We call for deepening regional economic integration with the development of intra-regional trade, investment in infrastructure and digital technology exchange

 

 

Minister of Finance, Ahmed Kouchouk, stressed that the Egyptian economy will be further improved with the continuation of economic reforms, and acceleration of the pace of structural reforms within the framework of an integrated and stimulating path for private sector growth, explaining that the Egyptian economy is characterized by great diversity, and that our mission is to increase the competitiveness of the Egyptian economy, especially the industrial sector and export activities.

 

In the “Middle East and North Africa Growth” session, during his participation in the "Davos Forum 2025", the Minister said that the manufacturing, tourism and ICT sectors in Egypt are leading the growth of the first quarter of the current fiscal year to about 3.5% compared to 2.4% in the previous quarter, pointing out that our financial policies enhance the flexibility, stability, growth and competitiveness of the Egyptian economy in the face of regional and global challenges.

 

He added that we are continuing the policy of fiscal discipline, reducing indebtedness, especially external indebtedness, and working to improve its indicators, pointing out that the tax facilitation package aims to expand the tax base, improve the business environment for startups, and create a state of trust with financiers, as part of the state's efforts to promote public-private partnerships for a flexible and sustainable future.

 

The Minister said that we are targeting the governance of the management of economic activity by setting an annual ceiling for public investments, general government debt and government guarantees, pointing out that for the first time in a while the percentage of private Egyptian investments to the total state investments exceeds 63%

 

The Minister explained that the Egypt aims to increase reliance on renewable energy sources by expanding green investments by allowing the private sector to lead green economy initiatives in a way that contributes to improving our ability to sustain and adapt to climate change, and enhances Egypt's regional role in clean energy.

 

Kouchouk pointed out that the Egyptian government is stimulating long-term investments in education and smart infrastructure to build a diversified knowledge-based economy, taking into account that keeping pace with the global trend of advanced technology requires raising the efficiency of the employees working in the field of artificial intelligence and green technologies.

 

The Minister stressed the need for concerted regional efforts and enhanced economic cooperation to reduce the impact of global supply chain disruptions, calling for deepening regional economic integration through the development of intra-regional trade, investment in infrastructure and digital technology exchange.

  • Ahmed Kouchouk Minister of Finance
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Minister of Finance, In the session of "Growth of the Middle East and North Africa" during "Davos" forum 2025: The Egyptian economy will improve further with the continuation of economic reforms and the acceleration of structural reforms within the framework of an integrated and stimulating path for private sector growth