The draft budget targets economic growth of 5.4% and a primary surplus of EGP 1.2trn, reflecting a continued push to balance expansion with fiscal consolidation. Kouchouk said the policy framework aims to strike a balance between growth and fiscal discipline, with around EGP 90bn earmarked to support economic activity tied to measurable outcomes, while maintaining energy subsidies. He added that debt service indicators are expected to improve, supported by ongoing efforts to reduce the debt-to-GDP ratio. The government also plans to increase spending on health and education, alongside higher wages for teachers and public sector employees. Al-Sisi stressed the importance of sustaining institutional reforms to reinforce fiscal discipline and good governance, including rationalising public spending, enhancing revenues, and reducing public debt.
Source: Daily News Egypt March 24, 2026 18:42 UTC