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Egypt plans record public spending to cut debt

By CityCalc Newsroom · Tue Jun 23 2026 · Source: AGBI

Egypt expects public spending to reach a record level in the fiscal year starting on July 1, as it tries to curb debt and lift productivity. Spending in the 2026-2027 fiscal year is projected to rise 13 percent to EGP5.2 trillion ($104 billion), while revenues are forecast to ju…

Egypt expects public spending to reach a record level in the fiscal year starting on July 1, as it tries to curb debt and lift productivity. Spending in the 2026-2027 fiscal year is projected to rise 13 percent to EGP5.2 trillion ($104 billion), while revenues are forecast to ju…

Curated by CityCalc from AGBI. Read the full article at the source.

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