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اليوم السابع
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Budget surpasses one trillion surplus
The monthly financial report issued by the Ministry of Finance for July 2026 shows a significant improvement in Egypt's financial indicators during the period from July 2025 to May 2026, as a result of the continued implementation of the economic and financial reform program. The fiscal deficit decreased by 51 billion Egyptian pounds, reaching 5.3% of the gross domestic product (GDP), while the primary surplus increased by 70%, reaching approximately 985 billion pounds (4.6% of GDP). This improvement is attributed to a 27.5% growth in tax revenues, resulting from an expansion in tax collection and improved tax administration, alongside ongoing expenditure controls and diversification of funding sources. The results demonstrate ongoing efforts to enhance fiscal sustainability and stimulate economic growth in Egypt.
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