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2026-11-07T03:00:00.000Z

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AI in Egypt’s Treasury

AI in Egypt’s Treasury

The Senate’s Financial, Economic and Investment Affairs Committee, chaired by Ahmed Abu Hashima, is studying a plan to use artificial intelligence in managing the economy and public finances. The plan includes forecasting state revenues and expenditures, improving tax collection and curbing tax evasion, and monitoring spending and allocating resources. The study proposes analyzing economic data to identify changes more quickly and support budget decisions, while leaving final decisions to officials. It recommends a gradual rollout beginning with pilot projects, alongside safeguards for data protection, cybersecurity and human oversight, as well as efforts to develop employees’ skills.

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