Minister of Finance Ahmed Kouchouk asserted the government’s commitment to creating a more investment-friendly business environment through stronger support for production, exports and private-sector growth.
He said that the government has increased export support by 55% year-on-year to LE28 billion in the 2025/26 fiscal year.
Speaking during the inaugural meeting of the joint committee between the Ministry of Finance and the Egyptian Exporters Association (Expolink) on Tuesday, Kouchouk said the state’s fiscal policies are designed to stimulate investment by providing largest-ever economic support package for production and exports.
He noted that the national budget reflects the government’s priorities of accelerating economic growth, enhancing competitiveness and maintaining fiscal stability.
The minister said the government’s economic group is working in close coordination to improve the business climate and make Egypt a more attractive destination for private investment.
Kouchouk reaffirmed the government’s commitment to advancing structural reforms aimed at delivering tangible improvements to the economy and raising citizens’ living standards.
He added that the business community had responded positively to the government’s tax facilitation initiative, which contributed to a 28% increase in tax revenues during the previous fiscal year without imposing any new tax burdens.
He stressed that the Ministry of Finance remains committed to maintaining direct engagement with exporters and investors to address any challenges they may face, with the objective of translating economic policies into measurable improvements for the private sector.
For her part, the Head of the Egyptian Tax Authority Rasha Abdel Aal said the second package of tax facilitation measures is designed to strengthen trust-based partnerships with taxpayers through broader incentives and simplified procedures.
She added that several measures have already been introduced without requiring legislative amendments.
Meanwhile, the Chairman of the Egyptian Exporters Association (Expolink) Mohamed Kassem reviewed the key challenges facing Egyptian exporters and praised the government’s tax and customs reform efforts, describing them as an important step towards enhancing the competitiveness of Egyptian products and increasing exports.
He stressed that exports remain the primary engine of economic development, playing critical role in expanding industrial production, attracting investment, generating foreign currency earnings and opening new international markets for Egyptian goods.
