CAIRO – 15 February 2026: President Abdel Fattah El-Sisi convened a meeting today with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk to assess key economic and social policy initiatives.
During the meeting, the President was presented with a new social protection package designed to assist low-income and vulnerable households in preparation for the holy month of Ramadan. He instructed the government to announce and roll out the package before Ramadan begins, ensuring that direct cash support reaches eligible beneficiaries in time to help cover expenses during Ramadan and Eid Al-Fitr.
President El-Sisi also directed that February salaries for public sector employees be paid within the current week, ahead of the holy month.
According to Ambassador Mohamed El-Shenawy, the official spokesperson, discussions also included approving additional budget allocations to finalize the first phase of the Decent Life Initiative (Haya Karima), expand employment opportunities for the most vulnerable groups, and strengthen the healthcare sector. This includes improving access to treatment, enhancing medical services, addressing critical cases and waiting lists, and accelerating the nationwide rollout of the comprehensive health insurance system.
The meeting further covered plans to increase public sector wages and a proposed package of tax facilitation and reform measures for fiscal year 2026/2027. These reforms aim to streamline and modernize the tax system, restructure the real estate tax framework, and introduce targeted customs tariff amendments to support domestic industry, promote investment, and combat smuggling, alongside broader measures to meet the needs of the industrial sector.
The Finance Minister also briefed the President on developments in negotiations with the International Monetary Fund, ongoing efforts to reduce the debt-to-GDP ratio of budgetary entities as a national priority, implementation progress of the debt management strategy, recent financial and economic indicators, and initiatives aimed at boosting investor confidence and enhancing the competitiveness of Egypt’s economy.
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