4 days ago
Finance Minister Ahmed Kouchouk recognized as Africa's Finance Minister of the Year by African Leadership Magazine
Cairo – June 4, 2025: Finance Minister Ahmed Kouchouk has been named Africa's Finance Minister of the Year by the African Leadership Magazine, as part of its 2025 African Business Leadership Awards (ABLA).
The recognition highlights Kouchouk's 'visionary economic stewardship' and his role in implementing bold fiscal reforms that have driven financial stability and inclusive growth in Egypt.
According to the magazine, Egypt achieved a record primary budget surplus of 3.1 percent of GDP between July and April 2025 under Kouchouk's leadership.
The Minister also spearheaded comprehensive tax reforms and strengthened strategic cooperation with international financial institutions to reinforce the country's economic resilience.
The announcement comes ahead of the official ABLA Presentation Ceremony, set to take place during the Africa Summit London 2025 on July 9–10.
The annual ABLA awards are a flagship initiative by African Leadership Magazine to celebrate outstanding corporate governance, transformative leadership, and significant contributions to Africa's economic development.