Books by Hani Al-Houti
Saturday, May 13, 2023 04:00 AM
The Ministry of Finance is implementing a comprehensive structural financial reform plan to maintain macroeconomic stability and control of public finances, and to promote the achievement of a strong and comprehensive economic growth path that leads the private sector. Expanding the social protection network and achieving comprehensive and increasing growth rates by targeting the following:
1- Continue to support and support the economic and productive sectors and provide all financing needs for all state agencies.
2- Continuing to support and provide the necessary support to advance social protection efforts and support the groups of society most in need and most affected by the repercussions of the current crisis, and work to mitigate those repercussions on those groups as well as its effects on the middle class.
3- Continuing the policy of proper pricing of goods and services.
-4- Expanding the preparation and follow-up of the budget on the basis of the program and performance budget.
-5- Expanding the tax base in an efficient and fair manner and raising the efficiency of tax administration.
6- Continuing to maximize the return from the state’s assets, and progress in programs to restructure the state’s financial assets.
7- Raising the efficiency and rearranging the priorities of public spending in favor of marginalized and lower-income groups and achieving social justice and fair distribution among the various groups of society and regions of the country, with a focus on reforming financial structures to raise the efficiency and performance of economic agencies and the public business sector.
The state made efforts to support economic and social activity and work to strengthen social safety nets while ensuring protection for the neediest groups to mitigate the effects of the sharp inflationary wave facing the countries and economies of the world, including the Egyptian state.
The state’s efforts to support economic activity were crystallized by adopting several initiatives to support the productive and export sectors, as well as by preparing a state ownership policy document to support the private sector’s participation in economic activity, as well as by announcing the launch of the government offerings program, and working hard to create an investment climate and achieve development goals. sustainable development, moving towards the green transition, and benefiting from the gains achieved from Egypt’s hosting of the Climate Change Conference (COP27)
