Prime Minister Moustafa Madbouli reviewed a number of work files with Finance Minister Ahmed Kouchouk, in the presence of several ministry leaders.

At the beginning of the meeting, Kouchouk referred to the ministry’s efforts regarding the government’s serious measures to create an attractive climate for local and foreign investments in various sectors, noting that more than 18 meetings and meetings were held with various specialized sectors, experts, and business owners regarding the package of tax incentives and facilities recently announced by the government, and the procedures and mechanisms for implementing this package are currently being finalized.

On the continuous follow-up of the most important financial indicators and their contributions to achieving the state’s various development and social goals, the minister pointed out that there is a remarkable increase in the indicators of spending on the health and social protection sectors during the first quarter of the current fiscal year, which confirm
s the state’s keenness to improve the level of services provided to citizens, especially in the health sector, in addition to providing full care for low-income groups: There is also an improvement in the indicator related to achieving the primary surplus, as there is an increase in the size of this surplus.

During the meeting, the prime minister followed up with the minister on the status of a number of financial commitments. The finance minister stressed the government’s keen interest in providing the financial commitments required to fully complete the Grand Egyptian Museum project, in addition to providing commitments for the Dabaa nuclear project and the required funding for the import of food commodities and petroleum products.

Source: State Information Service Egypt