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A project among beneficial public projects, if its collection is proven to be obligatory, provided that the scope of work that the government can undertake to increase ease, prosperity, improve public health, and promote development, etc., is much wider than the limits imposed by its financial situation and the people's ability to bear taxes. This ability, which is one of the functions of the country's revenue, has been affected by the burden of debt it has borne, leaving little room for imposing new taxes.

Perhaps in some exceptional cases, it may be permissible to consider arranging the necessary funds for profitable projects by taking out loans. However, the plan of deferring payment, which often appeals to its proponents, has no justification unless circumstances necessitate covering exorbitant urgent expenses that cannot be easily covered by taxes. There is no benefit in taking out loans to carry out reform projects in the Egyptian region, the nature of which dictates that they be spread over several years and their expenses can be paid from revenues. Moreover, taking out loans is fraught with danger, as these loans may become a burden that costs the country's wealth resources. Since these resources depend on agriculture and are almost entirely dependent on a single harvest, they are susceptible to shortages due to various reasons. These considerations truly indicate that the wise approach that those responsible for managing the country's finances should follow is to limit expenditures on new projects so that they can be paid for from ordinary revenues.

It was permissible to take funds from reserves to undertake profitable projects when the country's business was booming and its trade was prosperous, necessitating exceptional extraordinary expenses for new projects to meet that prosperity and progress, and when the accumulated surplus from the reserve fund was very large. As for now, if we disregard the aforementioned considerations, the existing reserve fund is not large. It will be depleted immediately if the necessary expenses for the great reform projects that the government intends are taken from it. Therefore, in all respects, the use of the reserve fund should be limited to exceptional needs or matters that cannot be postponed. In this case, there is no way to compensate for the shortfall in revenues except by choosing one of two options: either to delay the implementation of reform projects or to arrange new sources of revenue. It is not hidden that imposing new taxes is something that the public views with disapproval and aversion. However, if the government refrains from pursuing the necessary reforms for the good of the nation and its future prosperity, this aversion would be a greater calamity than imposing taxes. In justice, the nation must be asked to participate in covering