Minister of Finance Ahmed Kouchouk announced on Saturday, 28/3/2026, that the state general budget for the 2026-2027 fiscal year is strategically designed to support both citizens and investors while catalyzing national economic activity.
He emphasized that healthcare, education, and social protection, alongside support for production and exports, remain the government’s top spending priorities.
The minister made the remarks during a press conference chaired by Prime Minister Moustafa Madbouli and attended by Ministers of Planning Ahmed Rostom, Information Diaa Rashwan, Electricity Mahmoud Esmat, and Petroleum Karim Badawi.
Speaking during the press conference, Kouchouk detailed four primary pillars of the new fiscal policy, including strengthening partnerships with the business community, balancing fiscal discipline with economic growth, and improving government debt indicators to create more financial room for citizen-centric projects.
The Minister revealed that the upcoming budget targets a 27.6% surge in public revenues, aiming to reach approximately EGP 4 trillion.
Meanwhile, public expenditures are projected to rise by 13.2%, totaling EGP 5.1 trillion.
A significant portion of this spending is earmarked for social safety nets, with EGP 832.3 billion allocated to social protection. This represents a 12% annual growth in funding dedicated to supporting the country’s most vulnerable groups.
MENA
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