File Photo: The Egyptian Parliament in the Administrative Capital.
The budget law, approved during a plenary session chaired by Speaker Hisham Badawi, estimates total revenues, loan repayments, asset sales, and other receipts at EGP 4.175 trillion.
According to the approved budget, total government expenditures are projected at EGP 5.178 trillion in FY2026/27, up from EGP 4.574 trillion in the previous fiscal year.
Spending allocations include EGP 822.8 billion for wages and employee compensation, EGP 2.419 trillion for interest payments, EGP 832.3 billion for subsidies, grants, and social benefits, EGP 261.1 billion for other expenditures, and EGP 553.7 billion for public investments and the acquisition of non-financial assets.
The budget earmarks EGP 190.3 billion for the acquisition of domestic and foreign financial assets, compared with EGP 172.8 billion in FY2025/26.
Meanwhile, allocations for the repayment of domestic and foreign loans are set at EGP 2.808 trillion, up from EGP 2.085 trillion in the current fiscal year, reflecting an increase of EGP 723.3 billion.
The government said the new budget aims to strengthen spending on key public services and social support programmes while continuing to meet debt obligations and reduce the burden of public debt.
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