Cairo: Minister of Planning, Economic Development Ahmed Rostom and Minister of Finance Ahmed Kouchouk engaged in discussions to synchronize efforts on the 2026/2027 investment plan and the state general budget. The ministers reached a consensus that the fiscal and investment strategies for the upcoming period will be anchored on key pillars to ensure significant returns.
According to State Information Service Egypt, this meeting is part of an integrated effort between the two ministries as the government advances in drafting a new fiscal roadmap. The ministers highlighted that a fundamental aspect in formulating the upcoming plan and budget is to inform the new government about directives from President Abdel Fattah El Sisi, as well as the strategy of Prime Minister Mostafa Madbouli during the Cabinet's forthcoming meeting, to ensure prompt execution.
The government is prioritizing 'human development' and 'enhancing the quality of life and public services' in its spending agenda. Both ministers emphasized the need to address citizens' needs by allocating funds to sectors that directly impact daily life, including health, education, and essential services, to ensure a noticeable improvement in living standards.
Moreover, the ministers stressed the importance of efficient spending and agreed to adhere to government expenditure controls and priorities. They plan to link funding to measurable development outcomes to promote macroeconomic stability.
On economic security, there was agreement on securing necessary funding for food and energy security and protecting state resources amid regional and international challenges. The ministers reiterated that the government operates as a cohesive unit to ensure the 2026/2027 plan is both 'ambitious and realistic,' continuing the development momentum while maintaining fiscal discipline and meeting citizens' expectations.