🌍 Africa 11h ago · Daily News Egypt

EGP 80bn allocated in FY2026/27 budget to boost production, exports: Finance Minister

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EGP 80bn allocated in FY2026/27 budget to boost production, exports: Finance Minister
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Finance Minister Ahmed Kouchouk said EGP 80bn has been allocated in the fiscal year (FY) 2026/2027 budget to programmes aimed at supporting and stimulating production, manufacturing, entrepreneurship, and exports of goods and services.
The allocation includes EGP 48bn for export rebate schemes, EGP 6.7bn to support the tourism sector, and EGP 6bn in financing facilities for productive sectors.
Presenting the draft budget’s financial statement to parliament, Kouchouk said targeted public revenues

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