Amwal Al Ghad Ceremony 2026 -1

Egypt’s finance minister highlights reform agenda at BEBA’s Business Mission to UK

Egypt is continuing efforts to attract foreign direct investment by building on economic reforms implemented in recent years that have strengthened macroeconomic stability, improved the business environment, and enhanced the country’s competitiveness, Finance Minister Ahmed Kouchouk said on Wednesday.

Speaking during the session “Egypt’s Economic Reform Journey: Stability, Growth, and Global Integration” at the British Egyptian Business Association’s (BEBA) 2026 Business Mission to the United Kingdom, Kouchouk said the government was pursuing a comprehensive economic vision for the next four years centred on exports, private-sector-led growth, and investment.

The strategy will focus on supporting exports, expanding economic activities linked to goods and services exports, promoting knowledge-based industries, and improving the structure of Egypt’s exports, he said.

Kouchouk also said the government would soon launch a second package of tax facilitation measures as part of ongoing efforts to improve the investment climate and strengthen confidence among investors and businesses.

He said the second package of tax facilitations will be launched soon, adding that tax and customs reforms were helping create a more predictable environment for investment and economic activity.

The minister said Egypt was operating in a challenging global and regional environment, requiring policymakers to respond quickly to changing economic conditions while maintaining confidence in the direction of reforms.

The ministry is working to make the system more meaningful in the coming years and more impactful for a wider audience, Kouchouk said, stressing the importance of balancing economic stability with inclusive growth.

He said Egypt had made progress across a range of sectors, including infrastructure, public services, and healthcare, while continuing efforts to improve policy implementation and align reforms with practical economic realities.

Kouchouk highlighted the importance of transparency, communication and access to information, saying policymakers must ensure that risks and challenges are clearly communicated while strengthening public and investor confidence.

The minister also pointed to Egypt’s human capital as a competitive advantage, saying the country possesses a strong talent base and skilled workforce capable of supporting future growth. He added that improving coordination, efficiency, and information flows would be critical to unlocking the next phase of economic development.

Kouchouk said the private sector would play a central role in driving growth over the coming years, noting that the government’s reform agenda is designed to encourage greater private investment and participation across the economy.

He acknowledged that regional geopolitical tensions and global uncertainty continue to present challenges, but said they also create opportunities for economic cooperation, investment, and structural reform.

Egypt has stepped up efforts to attract private investment and increase foreign-currency inflows through a series of reforms aimed at boosting business activity, supporting industrial production, and expanding exports. The government has also introduced measures to simplify tax and customs procedures as part of a broader strategy to improve competitiveness and encourage private-sector-led growth.

The session was moderated by Todd Wilcox, Deputy Chairman and Chief Executive Officer of HSBC Bank Egypt, who highlighted the complexity of the global economic environment and the importance of clear communication, practical policy solutions, and long-term economic resilience.

 

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