Paris: Minister of Finance Ahmed Kouchouk stated that the government's top priority is ensuring that economic growth translates into tangible improvements in citizens' living standards. He emphasized that Egypt's economy is currently in a stronger position, with reforms underway to support sustainable growth.

According to State Information Service Egypt, Kouchouk made these remarks during a meeting with investors hosted by Soci©t© G©n©rale in Paris. He highlighted the government's initiatives to encourage production, support exports, and improve the business environment. This includes simplifying tax, customs, and real estate procedures to attract more investment into the country.

Kouchouk pointed out that Egypt continues to present attractive opportunities in priority sectors. This is evidenced by stronger private investment, a recovery in manufacturing activity, and an increase in non-oil exports during the current fiscal year.

He further noted that fiscal performance is expected to surpass this year's targets, bolstered by a 29 percent increase in tax revenues, achieved without the introduction of new taxes. Additionally, the Minister confirmed that the government is expanding concessional financing to create more fiscal space for development spending.