regional challenges
Egypt said on Tuesday that it aims to strike a balance between promoting economic growth, enhancing Egypt’s competitiveness, and maintaining fiscal discipline amidst regional challenges.
These efforts aim at strengthening the economy’s resilience in the face of various challenges, the president said, as he reviewed fiscal policy priorities for the 2026/2027 budget on Tuesday, the Presidency said in a statement.
The plans include implementing targeted tax and customs facilitation measures and expanding the tax base by increasing compliance without imposing new burdens on citizens or businesses, the Presidency said.
Despite the severity of these challenges, Abdelatty expressed confidence in Egypt’s leadership, saying “Egypt is being steered with wisdom, competence, and balance. There is neither excess nor negligence.”
“We faced significant criticism regarding arms deals and the establishment of military bases in previous periods, but we could recognize the threats looming on the horizon, especially after 2011,” the spokesman said.
The foreign minister is scheduled to meet with the Egyptian community in Kuwait and hold talks with Kuwaiti investors
Saqr reiterated to the army personnel the imperative of prioritizing rigorous and practical training, as well as the upkeep of weapons and equipment
The year 2020 was an exceptional year in Egyptian-Kuwaiti relations, when the two countries enjoyed strong and deep ties amid challenges facing the region and new Covid-19 pandemic crisis, which also underlined the keenness of President Abdel Fattah el Sisi and Kuwaiti Emir Sheikh Nawaf Al Ahmad Al Jaber Al Sabah on boosting joint cooperation, said Egyptian Ambassador to Kuwait Tareq el Qoni.
Italian Minister of Defense, Roberta Pinotti, received Egyptian Ambassador to Italy, Hisham Badr to discuss relations between two countries.
Sedqi Sobhi discussed in a meeting Thursday with South Korean Adm. Um Hyun-seong the latest regional developments and the current challenges.
