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Egypt’s Investment Risk Falls to Lowest Level Since 2014, Finance Minister Says

Published By Regional Desk

Egypt’s Investment Risk Falls to Lowest Level Since 2014, Finance Minister Says

Egypt’s Finance Minister Ahmed Kouchouk said international investors have responded positively to the country’s economic reforms, lowering their assessment of investment risks to the lowest level since 2014.

The remarks were made during an open dialogue with investors across three consecutive sessions organised by HSBC, Standard Chartered and Goldman Sachs on the sidelines of the International Monetary Fund and World Bank Group meetings in Bangkok.

Investor Confidence and Risk Assessment

Kouchouk stressed that the government will continue its programme of tax and customs relief, introducing new packages designed to strengthen confidence and deepen partnerships with investors.

He added that numerous initiatives are being adopted to support the business community, expand the country’s production, export and industrial bases, and create more jobs.

The minister noted that the stable outlook assigned to the Egyptian economy by credit rating agencies reflects the success of the structural and economic reforms already implemented.

Government Measures and Economic Initiatives

He explained that balanced fiscal policies have helped encourage both domestic and international capital to invest in Egypt.

The private sector is leading economic activity, accounting for 65 percent of investments and driving economic growth to 5.1 percent.

Kouchouk said Egypt achieved a primary surplus equivalent to 4.9 percent of gross domestic product, while the overall budget deficit fell to 5.8 percent in the previous fiscal year.

Macroeconomic Indicators and Fiscal Targets

The government aims to reduce the debt‑to‑GDP ratio to around 70 percent within three years, extend the average maturity of public debt and lower debt‑servicing costs.

He also said the Egyptian economy is improving and growing, and is capable of responding flexibly to regional and international shocks and crises.

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