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Egypt's largest-ever support budget allocation
Egypt's budget for 2026/2027 shows that allocations for support, grants, and social benefits have increased to 799.209 billion Egyptian pounds, representing a 44% rise compared to the previous year. The largest share has been allocated to subsidizing staple goods, amounting to 178.3 billion pounds, while electricity subsidies have been raised to 104.16 billion pounds. Conversely, subsidies for petroleum products have been reduced to 15.84 billion pounds. Additionally, allocations for social benefits have risen to 265.164 billion pounds, with a focus on strengthening and expanding social protection programs, especially support for social security, Takaful and Karama, and aid initiatives. This shift aims to improve social safety nets and ensure sustainable support for vital sectors in Egypt.
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