#mostafa madbouly
Egypt recorded a historic primary surplus of EGP 330 billion during the first eight months of the fiscal year (July 2024–February 2025), according to Finance Minister Ahmed Kouchouk. During a meeting with Prime Minister Mostafa Madbouly, Kouchouk highlighted a 38.4 percent year-on-year increase in tax revenues, marking the highest annual growth rate in years. He also noted that debt management strategies have helped distribute the burden of interest payments throughout the fiscal year. Spending on health and education rose by…
