Cairo: The Ministry of Finance announced that the first-half results for the 2025/2026 fiscal year indicate strong financial performance despite facing regional and global challenges.

According to State Information Service Egypt, the ministry's semiannual report revealed that tax revenues increased by 32% from July to December of FY 2025/26, reaching EGP 1.2 trillion. Total revenues also rose by 30.2% to EGP 1.4 trillion during the same period.

Expenditures saw a growth of 26.9%, amounting to EGP 2.2 trillion. This increase was attributed to higher interest payments, subsidies, social benefits, and public investments, which surged by 52.6% to EGP 141.4 billion.

The government achieved a primary surplus of EGP 383 billion, representing 1.8% of the GDP, an improvement from EGP 230 billion or 1.3% of GDP from the previous year. The overall deficit was reported at 4.2% of GDP.

The ministry attributed this improved performance to ongoing economic and tax reforms, enhanced tax collection, expanded digitalization, and efforts to bolster private-sector-led growth while upholding fiscal discipline and social protection spending.