Finance Ministry Targets 78% Debt by 2027
The Egyptian Ministry of Finance has affirmed that its policies aim to reduce the ratio of public debt to 78% of gross domestic product by June 2027, focusing on diversifying funding sources and encouraging economic growth. The ministry's statement indicated that public financial management is conducted in a flexible manner to support growth and economic reforms, despite challenges arising from rising debt service burdens and financing needs. The report clarified that the private sector is regaining its role, accounting for 65% of investments, and that growth rates reached 5.1% during the 2025-2026 fiscal year, with a primary surplus of 4.9% of GDP. The government is also working to reduce external debt by $1-2 billion annually and improve the overall financial situation.
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