Davos: Egypt's economy is transitioning away from a growth model heavily reliant on government-led infrastructure investment toward one based on productivity, economic complexity and value creation, Planning, Economic Development and International Cooperation Minister Rania al-Mashat said on Wednesday January 21, 2026.
According to State Information Service Egypt, Mashat was speaking during a high-level session titled 'The Future of Growth' at the World Economic Forum's annual meeting in Davos, running from Jan. 19 to 23. The session examined ongoing shifts in the global economic system as a period of deep uncertainty begins to recede, and the contours of a new economic order emerge to address increasingly interconnected global challenges.
She said discussions at the session highlighted declining levels of preparedness for economic resilience worldwide, stressing that resilience is no longer a defensive concept but has become a fundamental requirement for attracting investment and boosting productivity and competitiveness.
Mashat outlined Egypt's evolving growth trajectory, noting that economic performance is no longer assessed solely through rates of gross domestic product expansion, but increasingly through the quality, sustainability and structure of growth.
The session brought together senior policymakers and leading international economists, including Harvard University economics professor Gita Gopinath and Ricardo Hausmann, a global economist and founder and director of Harvard University's Growth Lab. Participants also included prominent academics from international universities and research centers, as well as heads of financial institutions and global companies.
The discussion was moderated by Saadia Zahidi, managing director at the World Economic Forum.