El-Ashry explained that recent government decisions, most notably the gradual resumption of natural gas flow to factories starting June 26, 2025, represent a pivotal step toward strengthening the stability of production chains and reducing industrial operating costs, contributing to price stability and market revitalization.
He pointed out that the new draft general budget, which will take effect on July 1, 2025, allocates EGP 45 billion to the Export Burden Rebate program. This reflects the state's commitment to supporting exports, ensuring the regular disbursement of exporters' dues, and stimulating their ability to expand abroad.
El-Ashry also noted the government's approval of a EGP 78 billion financing package to support the private sector, as part of an integrated plan aimed at maximizing domestic production, achieving a trade surplus, and diversifying sources of foreign exchange. He noted that remittances from Egyptians abroad increased by more than 77% by the end of April 2025, indicating growing confidence in the Egyptian market and the stability of the banking system, despite surrounding regional tensions.
He stressed that Egypt's participation in major economic events during
June, such as the Africa Health Expo in Cairo and the Egyptian-Serbian Economic
Forum, reflects the state's commitment to deepening international partnerships
and opening new markets for Egyptian exports, particularly in Africa and
Europe.
El-Ashry affirmed his commitment to continuing to support the state's efforts to deepen local manufacturing, expand exports, and provide a stable and growth-enhancing economic climate, enhancing the national economy's ability to overcome challenges and achieve sustainable development goals.