The Egyptian Ministry of Finance has announced new steps to boost economic activity and encourage private sector growth. The move also targets support for key industries in the country.
These details were shared in the Ministry’s semi-annual economic and financial performance report for the first half of the 2024/2025 fiscal year.
According to the report, the government has introduced initiatives to create a more favourable environment for businesses and industries, aiming to strengthen the country’s economic performance.
As part of its efforts, the Ministry also increased spending on social protection programmes. This is expected to cushion vulnerable citizens from harsh economic conditions and reduce poverty levels.
Officials say the dual approach—supporting both the economy and the people—is part of Egypt’s broader plan to achieve financial stability and inclusive growth.
While specific initiatives were not fully listed in the report, the Ministry hinted that future updates would include detailed breakdowns of programme impacts and private sector engagement strategies.
