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Kouchouk hailed as one of Egypt’s best finance ministers

Businessmen Team economy 31 August 2025 09:03 PM
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Kouchouk hailed as one of Egypt’s best finance ministers

Dr. Mahmoud Mohieldin, the United Nations Special Envoy on Financing for Development, affirmed that Finance Minister Ahmed Kouchouk is among the most capable to have held the post, highlighting the positive fiscal results achieved in the past financial year, including a record primary budget surplus of 3.6% of GDP.

In a televised interview with Al Arabiya Business, Dr. Mohieldin said the finance minister delivered important remarks during the press conference announcing the 2024/2025 fiscal results. He added that the Central Bank also issued positive signals, noting that its current governor ranks among the strongest to have led the institution.

Mohieldin stressed that Egypt has witnessed a breakthrough in addressing fiscal and monetary imbalances, with the parallel market effectively disappearing. He emphasized that it is now time to adopt a program focused on growth and competitiveness, boosting exports and investment, and restoring stability in economic management.