Arab Finance Interview with Bassel El Serafy, Vice Chairman of PARAGON | ADEER
Egypt’s fiscal year (FY) 2026/2027 budget prioritizes health and education spending alongside tax reforms and private sector support, as the government targets improved public services and economic growth.
Egypt is targeting a reduction in its debt-to-GDP ratio to 78% by June 2027, alongside cutting external debt by around $2 billion annually, as part of a broader strategy to improve fiscal sustainability.
Arab Finance Interview with Bassel El Serafy, Vice Chairman of PARAGON | ADEER
Egypt is in talks with French multinational rail transport systems manufacturer Alstom to localize railway manufacturing and establish a factory for train components, as part of efforts to position the country as a regional export hub.
