{"id":684530,"date":"2026-01-27T00:00:00","date_gmt":"2026-01-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/27\/finmin-to-raise-export-support-allocations-in-new-budget\/"},"modified":"2026-01-27T00:00:00","modified_gmt":"2026-01-27T00:00:00","slug":"finmin-to-raise-export-support-allocations-in-new-budget","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/27\/finmin-to-raise-export-support-allocations-in-new-budget\/","title":{"rendered":"FinMin to raise export support allocations in new budget"},"content":{"rendered":"

The Finance Ministry i<\/strong>s planning to increase allocations for export <\/strong>subsidies and industrial localization programs in the FY 2026-27 budget draft,<\/strong> a senior government official tells EnterpriseAM. <\/p>\n

IN CONTEXT- <\/strong>The Madbouly government is aiming for 15% annual growth in exports, targeting USD 75 bn in total exports by the end of 2026, with a focus on the automotive and mobile phone industries, alongside import substitution initiatives. The government has been working on clearing EGP 60 bn in overdue payments to exporters<\/a> tied to shipments dating back to before 30 June 2024, which will be done through a combination of banknote disbursements and offset arrangements.<\/p>\n

Why it matters:<\/strong> Boosting exports is central to narrowing the trade deficit, which remains the primary source of pressure on the treasury and the EGP exchange rate. \u201cWe are currently working on developing incentives to boost exports and to align with the plans of other government entities to transform Egypt into an integrated regional logistics hub, while supporting services exports and high-value exports,\u201d the source said.<\/p>\n

The strategy:<\/strong> Total subsidy funds are set to grow even as percentage breakdowns remain unchanged through FY 2027-28. Given the projected growth, total allocations are expected to surpass EGP 50 bn, up from EGP 45 bn this year, according to our source. The current program allocates support based on value added (50%), export growth rate (30%), production capacity (10%), and labor force (10%).<\/p>\n

Targeting high-value niches:<\/strong> The government is earmarking EGP 7 bn specifically for <\/p>\n

complex industries to attract global manufacturers. \u201cWe are focusing on globally limited, complex industries to ensure high demand and quick returns,\u201d the source noted.<\/p>\n

Reducing red tape: <\/strong>To further boost exports, the government is also working to slash customs clearance times by 75-90% \u2014 from an average of eight days currently to just 48 hours\u2014 via a new independent export system<\/a>. \u201cAccelerating the procedures through the upcoming launch of the customs facilitation packages along with the activation of the new export system would save the state USD 2.1 bn in the next fiscal year,\u201d another government source tells EnterpriseAM.<\/p>\n

\n

Export council have their say<\/p>\n

Chemicals and fertilizers: <\/strong>Achieving a 15% annual growth rate is an \u201cambitious but achievable goal,\u201d provided supportive policies and international standards are maintained, said Chemical and Fertilizers Export Council Chairman Khaled Abu Al-Makarem.<\/p>\n

Engineering industries: <\/strong>\u201cThe major shift in government support for export-oriented production has already boosted export volumes across sectors,\u201d said Engineering Export Council Chairman Sherif Al Sayyad. The council is targeting USD 7.5 bn in exports this year.<\/p>\n

Our take: <\/strong>Exports are vital for FX inflows and mending the trade balance. However, the speed of implementation for structural reforms, easing investment burdens, and the Investment Ministry\u2019s push for<\/a>unifying fees<\/a><\/a> by replacing the numerous non-tax financial burdens and fees imposed by state entities with an additional income tax will be what truly keep Egyptian products competitive in a volatile global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government is aiming for a 15% annual growth in exports, targeting USD 75 bn in total exports by the end of 2026<\/p>\n","protected":false},"author":1,"featured_media":684531,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8516],"tags":[72,276,131,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-684530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-enterpriseam","tag-finance-ministry","tag-manufacturing","tag-trade","wpautop","entry"],"acf":{"mongo_id":"cd52284a-01f4-4428-83df-0f126f8a751c","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/940.jpg","photo_position":"above","homepage_title":"","full_issue_title":"FinMin to lift export support allocations in new budget","related_issue":[684520],"teaser":"The government is aiming for a 15% annual growth in exports, targeting USD 75 bn in total exports by the end of 2026"},"yoast_head":"\nFinMin to raise export support allocations in new budget - 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The new program will allow increasing\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542675,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/11\/govt-wants-to-nearly-double-annual-exports-by-2025\/","url_meta":{"origin":684530,"position":2},"title":"Gov\u2019t wants to nearly double annual exports by 2025","author":"enterpriseam admin","date":"11 January 2022","format":false,"excerpt":"Egypt aims to increase export revenues to USD 60 bn a year by the middle of the decade as part of plans to eventually reach USD 100 bn a year, Trade Minister Nevine Gamea said in a phone-in with Al Arabiya (watch, runtime: 7:37).This would nearly double the record USD\u2026","rel":"","context":"In "Trade"","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/119.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621414,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-looking-to-export-usd-1-bn-under-qiz-program-in-2019\/","url_meta":{"origin":684530,"position":3},"title":"Egypt looking to export USD 1 bn under QIZ program in 2019","author":"enterpriseam admin","date":"7 November 2018","format":false,"excerpt":"The Trade and Industry Ministry is aiming to increase exports under the Qualified Industrial Zones (QIZ) program to USD 1 bn in 2019, head of the ministry\u2019s QIZ unit Ashraf El Rabie told Amwal Al Ghad, adding that the QIZ unit is targeting USD 850 mn in exports by end-2018.\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":686056,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/26\/export-subsidies-to-top-egp-50-bn-in-fy-2026-2027-budget\/","url_meta":{"origin":684530,"position":4},"title":"Export subsidies to top EGP 50 bn in FY 2026-2027 budget","author":"enterpriseam admin","date":"26 January 2026","format":false,"excerpt":"Good afternoon, friends. We have a brisk issue for you today, but there\u2019s plenty to get into. The government is going all-in on exports, with subsidy allocations set to rise to EGP 50 bn in the next budget. We\u2019ve also got markets in flux as the greenback slides and gold\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1565.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650715,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/30\/trade-and-industry-ministry-sees-egyptian-exports-rising-to-usd-34-bn-by-2020\/","url_meta":{"origin":684530,"position":5},"title":"Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020","author":"enterpriseam admin","date":"30 March 2017","format":false,"excerpt":"The Trade and Industry Ministry sees Egyptian exports rising to USD 34 bn by 2020 from a current figure of USD 19 bn, Reuters reports. The Ministry says it has completed a strategy to grow exports \u201cthrough implementing specific export plans and policies and targeting new export markets,\u201d according to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=684530"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/684530\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/684520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/684531"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=684530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=684530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=684530"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=684530"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=684530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}