Egypt’s Finance Minister: ”Transparency and Reform” Driving Renewed Global Investor Confidence
Egypt’s Minister of Finance, Ahmed Kouchouk, emphasized that the government’s proactive fiscal trajectory is yielding positive echoes among international investors. Speaking on the nation’s economic outlook, Kouchouk highlighted that a policy of "absolute transparency" has been pivotal in building trust and clarifying the state’s strategic direction. He noted that the ministry has effectively reprioritized spending to stabilize the energy sector, ensure food security, and meet citizens' essential needs while fostering a pro-growth environment for the private sector.
Reinforcing this outlook, Nevin Mansour, Advisor to the Minister for Economic Institutional Relations, shared robust fiscal results during high-level briefings with Jefferies Financial Group and European investors via Intesa Sanpaolo. Mansour revealed that Egypt achieved a strong 3.5% primary surplus during the first nine months of the current fiscal year (July–March), with the total budget deficit standing at 5.2%. Furthermore, external debt for budget agencies dropped by approximately $4 billion in June 2025 compared to 2023, signaling a significant improvement in debt sustainability and fiscal discipline.