Ahmed Rostom, Egypt's Minister of Planning and Economic Development, held a coordination meeting with Ahmed Kouchouk, the Minister of Finance, to discuss preparations for the investment plan and state budget for fiscal year 2026/2027, highlighting the integrated approach between the two ministries. The ministers stated that the primary reference for drafting the plan and budget is the immediate implementation of assignments from President Abdel Fattah El Sisi to the new government, along with directives from Prime Minister Mostafa Madbouly that prioritize human development, improved quality of life, and enhanced public services in spending priorities.
During the meeting, the ministers affirmed that fiscal and investment policies for the upcoming phase will rely on several core pillars designed to deliver tangible and measurable outcomes. The foremost pillar involves prioritizing citizens' needs by directing financial allocations to sectors that directly impact daily life, especially health, education, and essential public services, to achieve a concrete improvement in living standards.
A second pillar emphasizes enhancing spending efficiency, including stricter adherence to expenditure controls and clearly defined priorities, while linking funding to measurable development indicators. The aim is to maximize the return on public spending and reinforce macroeconomic stability.
The third pillar focuses on economic security, by securing adequate financing for food and energy security programs and protecting state resources amid ongoing regional and international challenges.
The two ministers stressed that the government is functioning as a unified team to ensure the 2026/2027 plan is both ambitious and realistic. Their goal is to maintain Egypt's development trajectory while balancing fiscal discipline with effective responses to citizens' expectations and social priorities.