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Finance Ministry prioritizes FDI and exports

Finance Ministry prioritizes FDI and exports

The Egyptian Ministry of Finance confirmed that the priorities of its financial policies include increasing foreign direct investment, diversifying sources of growth, and enhancing trade and service exports, all aimed at boosting the economy and reducing reliance on external financing sources. The statement clarified that public financial management remains flexible to support growth while adhering to fiscal discipline and reducing the debt-to-GDP ratio. The private sector contributed 65% of investments, with expectations of further growth supported by ongoing stimulus policies. During the fiscal year 2025/2026, the Egyptian economy achieved a growth rate of 5.1%, with an primary surplus of 4.9% of GDP and a total deficit of 5.8%. The economy aims to reduce the debt to 78% of GDP by June 2027 and to cut external debt by two billion dollars annually, while continuing social protection programs for vulnerable groups.

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