Kouchouk stated at the second Cairo Forum 2025 that Egypt
has become a focal point in the Middle East and Africa for manufacturing and
exports, attracting international partnerships. He noted that inflation rates
are declining globally and emphasized that priority must be given to advancing
economic development and creating job opportunities.
He added that major global companies are expanding in Egypt,
supported by a competitive logistics base. He highlighted the strong
coordination within the economic group, working as a unified system to serve
national objectives. He stressed that industry and exports remain the engine of
growth while maintaining financial stability.
The minister confirmed that a second package of “tax
incentives” will soon be launched, offering important benefits for investors
and taxpayers. He underlined that balanced policies are being implemented to
support the economy and provide decent job opportunities for youth.
He also pointed out that a set of customs facilitation measures
is in place to support the business community and stimulate the investment
environment. He announced that a strategy to reduce and improve budgetary debt
indicators will be launched before the end of December 2025, followed by a
medium-term tax strategy before March 2026 for dialogue and adoption, ensuring
tax clarity and certainty.
Kouchouk emphasized the need for balanced policies in Africa
to enhance the competitiveness of the economy in global markets. He highlighted
the continent’s vast investment opportunities and stressed the importance of
working together to deepen industry and exports for the benefit of the people.
He noted that massive financing from the East is seeking new markets, and Egypt
must be actively present to channel these flows in favor of the continent.