Egypt’s government is aligning fiscal and monetary policies with the Central Bank of Egypt to manage inflation and reduce public debt. Planning and Economic Development Minister Ahmed Rostom announced the coordination effort during a recent meeting with economic experts and lawmakers at the National Planning Institute.
- Minister Rostom stated that the government and the Central Bank are synchronizing policies to foster economic stability and development.
- The minister reported that the economy grew by 5.1% in the previous fiscal year, with private sector investment reaching 57.7% of total investment.
- Officials reviewed the progress of the 2026/2027 fiscal year development plan and discussed the National Economic Transformation Programme.
- This new program aims to increase private sector participation and strengthen fiscal sustainability in alignment with presidential directives.