Arab Finance: Egypt's overall budget deficit recorded 5.3% of gross domestic product (GDP) during the first 10 months of fiscal year (FY) 2025/2026, down from 6.2% during the July 2024-April 2025 period, according to the Ministry of Finance’s latest report.
Meanwhile, the primary surplus rose to approximately EGP 897 billion, or about 4.2 of GDP, from EGP 536 billion, or 3% of GDP, in the same 10-month period of FY 2024/2025.
As for total general revenues, they amounted to EGP 2.663 trillion in the first 10 months of FY 2025/2026, up 34.7% year-on-year (YoY) from EGP 1.976 trillion.
Tax revenues jumped by 29.3% YoY to reach EGP 2.208 trillion, while the non-tax revenues climbed to EGP 454.4 billion.
Total expenditures grew by 21.2% to EGP 3.733 trillion by the end of April 2026, up from EGP 3.080 trillion in the same period of the previous FY.
