Arab Republic of Egypt
Sunday, 18 October 2026
Media & Publishing

Media Center

News, Press Releases, and Visual and Audio Materials from The Ministry of Finance

Press Release

Finance Minister Meets International Experts on Sidelines of IMF–World Bank Meetings in Bangkok: Our Priorities Focus on Building a “Partnership of Trust” with the Business Community and Balancing Economic Stimulus with Fiscal Discipline


The private sector is regaining strength and driving economic growth of 5.1% despite global and regional challenges.
Egypt leads Africa in attracting foreign direct investment in 2025.

 


We will sustain the momentum of reforms that support growth and use technology to simplify and improve tax, customs and property tax services.
We achieved a primary surplus of 4.9% of GDP, compared with a primary deficit of 3.4% in emerging markets.


The overall deficit fell to 5.8% of GDP, and we aim to bring it down to 4.9% by the end of June 2027.


We aim to reduce budget sector debt to 78.1% of GDP in 2027, below the emerging market average.


We seek to reduce debt servicing costs and increase spending on human development, particularly health and education.
Budget sector external debt has fallen by around $6.5 billion over three years.


Finance Minister Ahmed Kouchouk stressed that Egypt’s fiscal policy priorities focus on building a “partnership of trust” with the business community and balancing efforts to stimulate economic activity and growth with maintaining fiscal stability and discipline. He noted that the private sector is regaining momentum and strength, driving economic growth of 5.1% despite global and regional challenges.


Speaking at a meeting with international experts on the sidelines of the IMF–World Bank meetings in Bangkok, Kouchouk said Egypt leads Africa in attracting foreign direct investment in 2025. He emphasized that Egypt will sustain the momentum of reforms that support growth and use technology to simplify and improve tax, customs and property tax services.


The minister added that Egypt achieved a primary surplus of 4.9% of GDP, compared with a primary deficit of 3.4% in emerging markets. The overall deficit declined to 5.8% of GDP, he said, with a target of reducing it to 4.9% by the end of June 2027.


Kouchouk explained that Egypt aims to reduce budget sector debt to 78.1% of GDP in 2027, bringing it below the emerging market average. He also highlighted plans to reduce debt servicing costs and increase spending on human development, particularly health and education, noting that budget sector external debt has fallen by around $6.5 billion over three years.

Browse alsoFollowing S&P Global Ratings’ Decision to Maintain Egypt’s ‘B/B’ Ratings with a Stable Outlook: Fiscal Policy Priorities Support Egypt’s Economic Strategy to Stimulate Investment and Growth
Next article

Need Help?

Our team is ready to assist you with all your financial and administrative inquiries

FAQContact Us