Egypt posts record $13bln primary surplus in FY2024/25
The figures were reviewed in a meeting between President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, and Finance Minister Ahmed Kouchouk.
The surplus was recorded despite external pressures, including a 60% shortfall in Suez Canal revenues compared to budget targets, which resulted in a gap of around EGP 145 billion, Kouchouk said.
Tax revenues grew at their fastest pace in years, climbing 35.3% YoY to EGP 2.2 trillion.
Kouchouk attributed the growth to new measures aimed at widening the tax base and improving efficiency in the tax system.
Overall revenues increased 29% YoY, while primary spending rose at a slower pace of 16.3%.
© 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info).
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The National
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Hamas agrees to Gaza ceasefire terms as mediators eye 'positive announcement'
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Zawya
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Egypt: President El-Sisi Meets Qatar's Prime Minister and Minister of Foreign Affairs
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