Cairo: The Ministry of Finance asserted that the draft state budget for the 2026-2027 fiscal year represents a pivotal milestone in Egypt's journey toward achieving sustainable economic growth and strengthening fiscal stability.

According to State Information Service Egypt, this comes within the framework of an ambitious national economic reform program based on a balanced mix of fiscal discipline, rationalization of public spending and resource development through boosting public revenues.

The ministry emphasized that revenue growth will be achieved by completing tax reforms, enhancing collection efficiency and building a genuine partnership grounded in trust between the business community and tax authorities.

This approach relies on tax facilitation packages and expanding the tax base without imposing additional burdens on citizens, thereby supporting medium- and long-term development objectives.

The budget aims to be prepared in a manner consistent with fiscal, economic, and social policies to achieve sustainable development, while establishing a stable and robust fiscal framework that enables the effective implementation of these policies in line with Egypt's Vision 2030.