Egypt has allocated EGP 48 billion in the current fiscal year to support exporters and promote export growth, Finance Minister Ahmed Kouchouk said on Wednesday, July 22, 2026, reaffirming that boosting exports remains a key government priority. "Exports are a priority reflected in our policies, initiatives and programs implemented in partnership with government entities and the private sector," Kouchouk said in a statement.
He said every increase in exports reflects the private sector’s ability to grow, compete, expand production and create jobs, adding that the government is working with its partners to build a more competitive economy with more diversified and sustainable exports.
Kouchouk said export support allocations have witnessed significant and exceptional increases each year to help Egyptian products access new markets. He noted that the current fiscal year’s budget includes EGP 48 billion for export rebate payments and support for exporters, compared with EGP 28 billion allocated in fiscal year 2025/26, marking an annual growth rate of 55%.
The minister reaffirmed the government’s commitment to boosting both goods and services exports and enhancing their competitiveness in global markets, adding that efforts are continuing to provide exporters with liquidity through faster settlement of their outstanding dues.
Addressing exporters, Kouchouk said the government had paid EGP 12.6 billion, representing 50% of the cash portion of outstanding export rebate claims owed to around 2,500 companies within one fiscal year. He said the first and second installments were paid during fiscal year 2025/26 instead of being spread over two fiscal years, reflecting the government’s focus on export promotion as a key pillar of strengthening Egypt’s economic competitiveness.
Kouchouk said the original plan was to pay 50% of overdue claims owed by the Export Development Fund to exporting companies in cash over four consecutive fiscal years starting from fiscal year 2025/26. However, the government accelerated the timeline by disbursing two consecutive installments within the same fiscal year.
He added that Egypt has paid EGP 70 billion to exporters over the past six years and aims to complete the settlement of all outstanding dues within two years. Meanwhile, Nevine Mansour, the finance minister’s adviser for economic institutions, said the government disbursed EGP 5.3 billion to 2,447 exporting companies as the first installment during August and September of fiscal year 2025/26.