Minister of Finance Ahmed Kouchouk announced on Saturday, 28/3/2026, that the state general budget for the 2026-2027 fiscal year is strategically designed to support both citizens and investors while catalyzing national economic activity. He emphasized that healthcare, education, and social protection, alongside support for production and exports, remain the government’s top spending priorities. The Minister revealed that the upcoming budget targets a 27.6 percent surge in public revenues, aiming to reach approximately LE four trillion. A significant portion of this spending is earmarked for social safety nets, with LE832.3 billion allocated to social protection. This represents a 12 percent annual growth in funding dedicated to supporting the country’s most vulnerable groups.
Source: Egypt Independent March 29, 2026 11:27 UTC