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Egypt approves $91 billion budget with hike in subsidy spending

Summary by The New Arab
Egypt has approved the 2025/26 budget with $91 billion of expenditure, news agency Reuters reported.

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The New ArabThe New Arab
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Egypt approves $91 billion budget with hike in subsidy spending

Egypt has approved the 2025/26 budget with $91 billion of expenditure, news agency Reuters reported.

·London, United Kingdom
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Sada El baladSada El balad

IMF Expects Egypt's Economy to Grow by 4.1% in FY2025/26

IMF's Communications Department Director Julie Kozack said that the IMF's forecasts for the Egyptian economy for the next fiscal year 2025/26 indicate a growth rate of 4.1%, compared to 3.6% in the previous fiscal year.

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top50women.comtop50women.com

Egypt's Cabinet Approves $91 Billion Draft Budget for FY 2025 - Top 50 Women Forum

In a move to tighten its finances under an ongoing International Monetary Fund (IMF) program, Egypt’s Cabinet approved a 4.6 trillion Egyptian pound ($91 billion) draft state budget for the 2025 financial year, set to commence in July. This decision comes as part of Egypt’s ongoing efforts to navigate economic challenges and fiscal reforms aimed at stabilizing its economy. Egypt’s Financial Strategy: Revenue, Expenditure, and Deficit Projections…

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top50women.com broke the news in on Thursday, March 27, 2025.
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