Egypt allocated EGP 28 billion to export support during the 2025/26 fiscal year, a 55% increase from the previous year, as part of the Abdel Fattah el-Sisi government’s efforts to boost production, exports, and private sector investment.
Minister of Finance Ahmed Kouchouk, while speaking during the first meeting of the joint committee between the Ministry of Finance and the Egyptian Exporters Association – Expolink (EEA), said the administration’s fiscal policy has been designed to encourage investment by providing strong support for production and exports.
“The state budget reflects the government’s priorities of driving economic growth, enhancing competitiveness, and maintaining fiscal stability. The government’s economic team is working in close coordination to create a more attractive business environment for the private sector, with continuous cooperation across ministries and relevant authorities to integrate economic priorities into government programs, initiatives, and implementation,” Kouchouk remarked.
The minister reaffirmed the el-Sisi government’s commitment to continuing structural reforms aimed at delivering tangible improvements to the North African country’s economic performance and living standards.
“The business community had responded positively to the government’s tax facilitation initiative, which contributed to a 28% increase in tax revenues during the previous fiscal year without introducing any new tax burdens, reflecting stronger economic activity and improved taxpayer compliance,” Kouchouk said, while stressing that the government remains committed to maintaining direct communication with exporters and investors to address the challenges they face, while expressing hope that ongoing policy reforms would translate into tangible benefits for the business community.
Rasha Abdel Aal, Head of the Egyptian Tax Authority, said the second package of tax facilitation measures would strengthen the partnership of trust with taxpayers by introducing additional incentives and simplifying tax procedures.
“The package includes a range of practical and flexible solutions to address tax-related challenges and improve the overall tax environment. The authority is ready to implement the package as soon as the necessary legislation is enacted, alongside several facilitation measures that have already been introduced without requiring legislative amendments,” she stated further.
As per Abdel Aal, the law governing the settlement of tax disputes has been extended until the end of December 2026. Solidarity contribution payments, on the other hand, will now be deductible from the tax base to reduce taxpayers’ financial burdens. Apart from these reforms, the suspension period for value-added tax (VAT) on machinery, equipment used in industrial production, and medical devices has been extended from two years to four years.
Ahmed Amway, Head of the Egyptian Customs Authority, said efforts are continuing to simplify customs procedures and reduce average customs clearance times.
The authority has introduced an advanced risk management system to support advance customs clearance, giving priority to companies participating in the Authorised Economic Operator (AEO) programme. Under the new system, shipments assigned to the yellow inspection channel will undergo documentary checks only, while those in the green and blue channels will be subject only to X-ray inspection.