Egypt's Finance Minister highlights robust economic performance, exceeding targets despite global headwinds.
Minister of Finance announces substantial rise in Egypt's social protection budget to EGP 635.9 billion for fiscal year 2024/2025.
Maait said that the recent reforms undertaken by the Egyptian government to develop the economic situation help achieve stability and economic progress, complementing the general state budget with ambitious targets.
The current fiscal year 2023/2024 witnesses salaries allocations totaling EGP 470 billion.
Maait stated in a ministry statement on Tuesday that the Ministry of Finance is targeting EGP 2 trillion in tax revenues for the new budget, without imposing any additional burdens on citizens or investors.
