Egypt’s Minister of Finance, Ahmed Kouchouk, said the state seeks optimal economic returns from national assets for the benefit of limited and middle-income citizens, noting the Public Treasury and Mint Authority received 1,218 kilogrammes of silver to be reproduced into commemorative editions, the state-run Middle East News Agency (MENA) reported on Friday.
Speaking at a ceremony for handing over silver bars and land documents on Friday, Kouchouk noted tangible progress in the Public Prosecution collection system, which increased total revenues by over 200 percent.
Kouchouk praised efforts to maximise returns from seized items to help fund health, education, and social welfare programmes such as Decent Life and Takafuland Karama.
He added that the ministry works to increase state resources to enhance spending on citizen priorities and public services.
Prosecutor General Mohamed Shawky confirmed the prosecution actively addresses economic challenges through its management of judicial seizures and impounded vehicles.
Shawky explained that precise governance transformed stagnant assets into economic resources.
He noted the completion of gold delivery to the Central Bank of Egypt and the transfer of over 1.2 tonnes of silver to the Finance Ministry.
The Prosecutor General highlighted clearing vehicle lots, including the 15 May area, to prepare land for development projects.
He noted that new digital systems for criminal claims have enhanced collection efficiency and protected state rights.
The Public Prosecution stated these efforts reflect a mission to safeguard public funds and support the national economy.
