The government remains firmly committed to pursuing comprehensive economic reforms across all sectors despite global challenges, the Cabinet’s Information and Decision Support Centre (IDSC) affirmed on Tuesday.
In a video report released on social media, the IDSC pointed to notable improvements in gross domestic product (GDP) growth, foreign investment, tourism, infrastructure development, and currency stability. It also noted that commodity prices have become more stable, while the Egyptian pound has shown greater resilience.
The report underlined the government’s target of reducing public debt to its lowest levels in decades, backed by rising foreign direct investment (FDI) and stronger foreign reserves. FDI surged from $10 billion in FY 2022/23 to $46.1 billion in 2023/24, while foreign reserves reached a record $50 billion in 2025, compared with $16.7 billion in 2014.
Inflation was curbed to 14.4 percent in 2025, down from 27.5 percent a year earlier, while unemployment fell to 6.3 percent in the first quarter of 2025, compared with 13.4 percent in 2014.
Tourism revenues also recorded significant growth, rising to $8.7 billion in the first half of 2025, up from $6.2 billion in 2014. Meanwhile, workers’ remittances grew steadily to $36.5 billion, compared with $19.3 billion over the same period.
The IDSC report further highlighted government efforts to expand social subsidies, launch major job-creation projects, and improve living standards. It noted that the minimum wage has increased nearly sixfold over the past decade, from LE1,200 in 2014 to LE7,000 in 2025.
