President Abdel Fattah El Sisi has stressed the importance of reinforcing financial discipline through government measures, which will play a key role in improving the performance of the national economy and advancing national development efforts.
This statement was made during a meeting that President Sisi convened on Sunday with Prime Minister Dr Moustafa Madbouli and Minister of Finance Ahmed Kouchouk.
During the meeting, the president reviewed the country’s financial performance indicators and the key targets for the 2025-2026 fiscal year budget, Presidency Spokesman Ambassador Mohamed el-Shennawy said.
In light of the review, President Sisi directed that efforts to reduce inflation should continue intensively, alongside improving productivity to achieve higher growth rates.
The new draft budget containsincreased allocations for the social protection programmes“Takaful and Karama,” with adequate resources set aside to fund the recently announced social protection package.
Additionally, a larger share of the budget will be dedicated to human development programmes, which encompass all presidential initiatives. This aligns with the strategic vision of building the Egyptian citizen and the government’s commitment to improving the quality of services provided to citizens, while also ensuring comprehensive support for limited-income groups, the presidency spokesman said.
Discussions during the meeting focused on national efforts to achieve financial discipline, increase the primary surplus, and reduce public debt, particularly with the completion of the medium-term strategy for public debt reduction, Ambassador Shennawy added.
