Egypt Outlines Economic Development Strategy
Prime Minister Mostafa Madbouly met with Minister of Planning and Economic Development Ahmed Rostom on Sunday to discuss the fiscal year 2026/2027 development plan. The government aims to achieve 5.4% economic growth and secure EGP 3.7 trillion in total investments.
- Investment Goals: The ministry projects that the private sector will contribute approximately 59% of total investments to boost manufacturing and production.
- Long-term Planning: Rostom presented the 2027-2030 National Economic Transformation Programme, which focuses on crisis resilience and improved investment efficiency across governorates.
- Structural Reforms: The government is advancing the State Ownership Policy and an IPO program to increase private sector participation in the national economy.
- Market Alignment: Officials are utilizing big data to align workforce skills with labor market demands.