Ministry of Finance initiates budgetary discussions for FY2024/25 in Egypt

Finance Minister Mohamed Maait stressed the necessity of fair distribution of budget allocations based on a unified institutional vision

Staff Writer, Arab Finance

January 15, 2024

EGYPT FISCAL POLICY

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The Ministry of Finance has started budgetary discussions for the new fiscal year (FY) of 2024/2025 with administrative entities, as per a statement.

Finance Minister Mohamed Maait stressed the necessity of fair distribution of budget allocations based on a unified institutional vision.

He added that the government will prepare a flexible budget in exceptional global circumstances to contain shocks and reduce burdens on citizens as much as possible.

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