Egypt’s Minister of Finance, Ahmed Kouchouk, stated that the current priority is to secure sufficient and sustainable financial resources to meet citizens’ basic needs, emphasizing ongoing coordination with all state bodies to ensure the availability of food commodities in markets and secure energy supplies.
Chairing the Finance Ministry’s Crisis and Risk Management Committee, Kouchouk said the government will continue to increase spending on vital sectors that most affect people’s lives, particularly health and education.
The minister highlighted the need to explore new and innovative mechanisms to expand more targeted social protection programmes for the most vulnerable groups.
He affirmed that Egypt is pressing ahead with reform efforts to ensure fiscal and economic stability and to stimulate private sector growth.
He noted that efforts will continue to sustain economic activity, production, manufacturing, and exports through balanced, investment-friendly fiscal policies.
Minister Kouchouk highlighted ongoing work on the export support programme and the study of additional mechanisms to boost the sector. He also reaffirmed the government’s commitment to supporting the automotive industry through incentives that deepen local content.
He added that tax, customs, and real estate facilitation measures will continue to ease burdens on citizens and investors, alongside efforts to improve public spending efficiency and direct allocations toward national priorities.
The minister stressed maintaining a safe economic trajectory with stable fiscal indicators, close monitoring of global market developments, and continued engagement with international investors to showcase Egypt’s measures to contain regional repercussions.
