President Sisi follows up on the financial performance indicators of the general budget and the government’s efforts to achieve financial balance
President Abdel Fattah El-Sisi met today Monday, with Dr. Mostafa Madbouly, Prime Minister, and Ahmed Kojak, Minister of Finance, where the President followed up on the financial performance indicators of the general budget and the government’s efforts to achieve financial balance, which contributes to improving the performance of the national economy. , especially in light of the increasing regional challenges; With its economic repercussions.
The official spokesman for the Presidency of the Republic, Ambassador Dr. Ahmed Fahmy, explained that the meeting also witnessed a review of the ongoing government measures to attract more local and foreign investments, including the incentive package and tax facilities. , which was recently announced, and the ongoing efforts to reduce government debt in an integrated manner were presented, in order to achieve improvement in all debt indicators in the medium term, as well as the work that the government is doing to maximize dollar returns.
He directed President Sisi continues the path of comprehensive institutional reform that aims to ensure financial discipline and sound governance, by rationalizing public spending, enhancing public revenues, and reducing government debt, in a way that enhances the economy’s ability to withstand various challenges, and provides a competitive investment and development environment, in addition to… Providing more revenues to the state, to improve services provided to citizens, especially in the health, education, and social protection sectors.