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Increasing private sector contribution key for future economic reform: Finance Minister

Egypt’s Finance Minister, Mohamed Kouchouk, has emphasized that boosting the private sector’s role in the economy will be a top priority for upcoming financial and economic reforms.

“We believe that fiscal policies play a major and effective role in maintaining macroeconomic stability and the sustainability of the state’s public finances,” Kouchouk stated.

During a roundtable discussion with business community representatives organized by Di Code, a financial and economic consulting firm, Kouchouk highlighted that the government will adopt disciplined fiscal policies to support the business community and drive economic activity.

“We will work to support production and exports to enhance the competitiveness of the Egyptian economy,” he said. “Our aim is to create an investment-friendly environment for both domestic and foreign investments, based on fair competition.”

Kouchouk noted that the government has already started implementing a package of tax incentives to restore investor confidence, build partnerships, and help businesses compete both domestically and internationally.

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