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Finance Min.: Robust Economic Reforms Drive Sustainable Growth

Cairo: Minister of Finance Ahmed Kouchouk affirmed that international experiences in economic and fiscal reform vary widely, stressing that each country must adopt a model aligned with its own circumstances, needs, and priorities. Speaking at a conference organised by the African Egyptian Businessmen's Association in co-operation with e-Tax, under the theme 'The Egyptian Experience in Fiscal Reforms for Development', Kouchouk said Egypt stands ready to share the details of its reform journey with African countries to help strengthen the competitiveness of African economies for the benefit of their nations and peoples.

According to State Information Service Egypt, the minister underscored that sustainable development of state resources cannot be achieved without strong, resilient economic activity led by the private sector. Reviewing key economic indicators, Kouchouk said Egypt's economy has gained strong momentum, with private investment rising by 73 per cent during fiscal year 2024/2025.

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