Cairo: Minister of Planning and Economic Development Ahmed Rostom announced that Egypt's GDP growth rate reached 5.3% in the second quarter of fiscal year 2025/2026, compared to 4.3% during the same period of the previous fiscal year, reflecting a notable improvement in economic activity.

According to State Information Service Egypt, the remarks came during a Cabinet meeting chaired by Prime Minister Mostafa Madbouli, where the minister reviewed key economic performance indicators for the second quarter of the current fiscal year.

Rostom attributed the positive performance to the continued implementation of the economic reform program, improved performance across several productive and service sectors, and the expansion of digital transformation-related activities, supporting diversified and sustainable growth.

He said a number of sectors recorded positive growth rates, including non-oil manufacturing, transportation and storage, restaurants and hotels, electricity, health, and education, which collectively contributed to the overall growth.

The minister noted that non-oil manufacturing led contributing sectors, accounting for about 1.2% of total growth and achieving a growth rate of nearly 10%, in line with the state's efforts to localize industry and boost exports.

He added that employment-intensive sectors maintained strong performance, with restaurants and hotels growing by 14.6%, non-oil manufacturing by 10%, transportation and storage by 7.4%, wholesale and retail trade by 6%, and agriculture by 2.7%.