Debt servicing uses up 83% of Egypt’s revenues in first 6 months of FY25/26

Interest payments increased by around 40.8 percent, or EGP 430.2 billion, to EGP 1.48 trillion year-on-year. This increase demonstrates the ongoing effects of high borrowing costs.

Total expenditures rose by 29.5 percent compared to the same period of the previous fiscal year, reaching EGP 2.6 trillion. 

Moreover, workers’ wages and employee compensation increased by 10.6 percent to reach EGP 371.1 billion, while purchases of goods and services also rose, reaching EGP 111.4 billion.

Subsidies, grants, and social benefits rose by 11.5 percent to EGP 372.6 billion. The increase includes a EGP 3.66 billion decrease in food subsidies, bringing total food subsidies to EGP 73.6 billion, and an EGP 4.2 billion increase in export subsidies, bringing total export subsidies to EGP 10.6 billion. 

Spending also included EGP 2.8 billion for cash transfer programmes, such as Takaful and Karama, bringing the total to EGP 25.8 billion. In addition, treasury contributions to pensions accounted for EGP 8.5 billion in spending, bringing total spending on pensions to EGP 102.6 billion. Similarly, EGP 2.3 billion was spent on citizens’ medical treatment, with total spending reaching EGP 9.8 billion. 

As for revenues, the total budget revenues rose by 41 percent to around EGP 1.77 trillion during the July 2025 to January 2026 period.​