Ministry of Finance asserted that its fiscal policy priorities support and complement Egypt’s economic trajectory aimed at stimulating investment, growth and employment. It noted that public finance is being managed with considerable flexibility to boost economic activity and accelerate growth while maintaining fiscal discipline and reducing debt.
In a statement issued on Saturday, October 10, 2026, the Ministry said that following Standard & Poor’s decision to affirm Egypt’s credit rating at B/B with a stable outlook, it is working to increase foreign direct investment inflows, diversify the structure of economic growth and boost merchandize and services exports.
The Ministry added that proactive and consistent policies strengthen the Egyptian economy’s ability to contain the repercussions of regional crises. It noted that the stable outlook reflects a balance between growth prospects and the continued momentum of economic reforms over the medium term.
Manufacturing, telecommunications and tourism are leading growth, which is projected to reach 5.1% in fiscal year 2025/2026. The Ministry stressed that the private sector is regaining momentum and strength, accounting for 65% of total investment and recording high growth rates.
It added that the Standard & Poor’s report anticipates further growth as the government continues its incentive measures, simplifies procedures and enhances predictability. The Ministry of Finance reported that the primary surplus reached 4.9% of GDP, while the overall budget deficit declined to 5.8% of GDP during the previous fiscal year, despite the challenges faced.
It also emphasized that tax facilitation measures helped raise tax revenues as a share of GDP to 13% in the previous fiscal year without imposing additional burdens. The Ministry explained that rising debt-servicing costs and financing requirements continue to pose challenges for public finances, but conditions are expected to improve considerably as interest rates decline.
It added that exceptional revenues are being directed specifically towards accelerating the government’s debt-reduction plan as a share of GDP. The government aims to reduce public debt to 78% of GDP by June 2027 and lower external debt by approximately dlrs 1–2 billion annually.
The Ministry also reaffirmed its commitment to continuing social protection programs that are more precisely targeted towards eligible beneficiaries and the most vulnerable groups. Cabinet launches website for “Egypt Forum 2026”