International investors are now viewing Egypt’s investment risk at its lowest since 2014, thanks to recent economic reforms, according to Finance Minister Ahmed Kouchouk. Speaking at a dialogue with newly appointed Egyptian diplomats, Kouchouk highlighted that the economy is improving, with the private sector now constituting 60% of total investments.
Kouchouk praised the renewed confidence among investors in Egypt’s economic trajectory and outlined four government priorities: building trust with the private sector, stimulating economic growth, reducing public debt, and increasing funding for health, education, and social protection.
He emphasized a collaborative approach with investors, mentioning that initial tax revenues for 2024 had already reached EGP 67.4 billion due to the new “Competitive Neutrality Law.” The government aims to boost its production and export capabilities to enhance competitiveness, particularly in sectors like industry, telecommunications, IT, and tourism.
The dialogue, attended by Foreign Minister Badr Abdelatty, is part of efforts to better coordinate between state institutions and embassies to promote Egypt’s economic objectives, highlighting opportunities for investment, exports, and market expansion.
