Ashraf AboArafe
Dr. Mostafa Madbouly, Prime Minister, met this afternoon with Mr. Ahmed Kojak, Minister of Finance, to follow up on several work files within the ministry. The meeting was attended by Ms. Sherine El-Sharkawy, First Assistant Minister of Finance for Economic Affairs; Mr. Ali El-Sisi, Assistant Minister of Finance for General Budget Affairs; Mr. Magdy Mahfouz, Head of the Finance Sector at the Ministry of Finance; and Dr. Ahmed Samir, Head of the Infrastructure Budgets and Economic Affairs Sector at the Ministry.
Counselor Mohamed El-Homsany, the official spokesperson for the Cabinet, stated that the meeting reviewed several topics and work files. During his remarks, the Minister of Finance highlighted the coordination and cooperation taking place between various stakeholders to implement the various provisions of the integrated social protection package recently directed by His Excellency President Abdel Fattah El-Sisi, President of the Republic. This package aims to alleviate the burdens on citizens, especially those most vulnerable to care. He reiterated that various financial allocations have been provided to the relevant ministries, and that targeted groups have begun receiving the services and support allocated to them within the framework of this package.
In the same context, the Minister of Finance affirmed that the draft budget for the new fiscal year 2025/2026, which was approved by the Council of Ministers yesterday, includes additional allocations for the education, health, and social protection sectors. This will contribute to improving the level of services provided to citizens through these sectors and achieving further sustainable development goals.
During the meeting, Mr. Ahmed Kojok reviewed the various efforts made by the Ministry, in cooperation and coordination with various relevant authorities, to work to provide more facilities and incentives for various industrial, production, and export sectors. He emphasized that such efforts will contribute to achieving the desired goals and making the business environment more attractive and competitive, in addition to enhancing the role and participation of private sector institutions in many economic activities.
