Top Minister Moustafa Madbouly witnessed on Sunday, June 14, 2026, the signing of 2 framework agreements aimed toward resolving longstanding monetary entanglements relationship again in some circumstances to the Eighties, with a complete worth of about EGP 196 billion, in a transfer designed to revive the monetary steadiness of nationwide entities and simplicity force at the state price range.
The agreements come throughout the framework of efforts to settle ancient monetary liabilities involving the Nationwide Funding Financial institution (NIB) and more than a few executive entities, in implementation of directives issued through President Abdel Fattah El-Sisi.
The primary settlement was once signed through the Minister of Finance Ahmed Kouchouk, the Minister of Housing Randa El Menshawy and the Minister of Making plans and Financial Building Ahmed Rostom. It covers the agreement of money owed owed to the NIB through subsidiaries of the Maintaining Corporate for Water and Wastewater.
The liabilities amounted to EGP 62.2 billion as of the tip of December 2025.
The second one settlement was once signed through the Minister of Finance Ahmed Kouchouk, the Minister of Agriculture Alaa Farouk and the Minister of Making plans and Financial Building Ahmed Rostom to settle money owed owed to the NIB through the Basic Authority for Reconstruction and Agricultural Building, totaling EGP 133.5 billion as of the tip of December 2025, in addition to liabilities of the Egyptian Agricultural Authority amounting to EGP 306 million as of the tip of March 2025.
Kouchouk stated the agreements constitute an important step ahead in structural reform and monetary restructuring efforts, serving to optimize the usage of state belongings, make stronger monetary efficiency and fortify the potency of nationwide establishments in toughen of sustainable construction objectives.
He added that the federal government continues to coordinate carefully with agricultural government to take away hindrances going through agricultural construction and toughen efforts to extend cultivated land and reshape Egypt’s agricultural map.
For his section, Farouk highlighted ongoing efforts to advance agricultural construction, reinforce meals self-sufficiency, build up agricultural productiveness and extend agro-industrial actions and exports consistent with Egypt’s sustainable construction technique.
Rostom described the agreements as a significant milestone in intergovernmental coordination beneath the direct supervision of the top minister, stressing that the settlements would give a contribution to macroeconomic steadiness, make stronger the control of state sources and belongings and ship a robust sign to traders in regards to the executive’s dedication to resolving long-standing monetary problems.
MENA
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