The Ministry of Finance announced that tax revenues rose by 30.8%, equivalent to EGP 380.3bn, during the first eight months of FY 2025/2026, bringing total collections to EGP 1.614trn, compared to EGP 1.234trn in the same period of the previous fiscal year. The ministry noted that income tax revenues surged by around EGP 167bn, or 46.5%, to EGP 526.7bn. VAT revenues rose by EGP 129.2bn, or 22.5%, to EGP 702.4bn over the period. The ministry attributed the improvement in the deficit ratio primarily to the strong growth in tax revenues. Total public revenues increased by 39.7%, or EGP 573bn, to EGP 2.015trn, up from EGP 1.442trn, with tax revenues accounting for around 80% of the total and non-tax revenues 19.9%.

Source: Daily News Egypt April 01, 2026 18:48 UTC