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Egyptian State Budget

Parliament approves additional EGP 85B in 2024/2025 budget for interest payments

The amendment also includes updates to the treasury’s legal budget schedules for the fiscal year ending June 30, 2025.

Parliament approves budget and development plan for FY2025/2026, aiming for 4.5% growth

Planning Minister Rania Al-Mashat presented the plan amid ongoing regional uncertainties, noting that preliminary indicators from the first nine months of the current fiscal year signal improving economic performance

Egypt projects 23% increase in total public revenues in FY2025/2026

Presenting the financial statement before the House of Representatives, Kouchouk stated that the government aims to collect EGP 2.6 trillion in tax revenues without imposing new burdens on citizens.

Egypt posts record primary surplus of EGP 435B despite decline in Suez Canal’s revenue

He noted that Egypt lost approximately EGP 110 billion in Suez Canal revenues and allocated an additional EGP 150 billion in support for the energy sector.

Egypt’s FY2025/2026 draft budget revenue expected to reach EGP3.1TN

During FY2025/2026, the government aims to achieve a primary surplus of EGP 795 billion, equivalent to 4 % of GDP, and reduce the debt-to-GDP ratio for general budget entities to 82.9 %.