Cairo: Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, continued her participation in the 2025 IMF-World Bank Spring Meetings on April 24, where she met with Jefferies Group and a wide array of international investors to present the latest developments in Egypt's economy. Finance Minister Ahmed Kouchouk also attended the high-level discussions.
According to State Information Service Egypt, during the meeting, Al-Mashat outlined the outcomes of Egypt's ongoing economic and structural reform program, launched in March 2024, emphasizing improvements in key macroeconomic indicators such as growth and inflation. These advancements, she noted, were reflected in the IMF's latest global outlook, which revised Egypt's growth forecasts upward.
She underscored President Abdel Fattah El-Sisi's directives aimed at encouraging investment by reducing costs for the private sector, including efforts to standardize taxes and fees for investors-a move intended to create a more business-friendly environment and eliminate previous burdens on investors.
Al-Mashat reiterated the government's commitment to capping public investment spending in the upcoming fiscal year to enhance governance and open space for greater private sector participation. She invited global investors to explore promising opportunities in sectors such as renewable energy, infrastructure, and non-oil manufacturing.
Despite regional and global volatility, Egypt remains a stable and attractive market, the minister stressed, citing coordinated policy efforts across economic ministries to safeguard macroeconomic stability and improve global competitiveness.
She also highlighted Egypt's structural reform agenda, designed to strengthen economic resilience against external shocks. The coming period, she revealed, will see a new wave of reforms rolled out in collaboration with relevant ministries and agencies.
Al-Mashat further pointed to the government's push to pass the State-Owned Enterprises Law, aimed at enhancing corporate governance and aligning with the State Ownership Policy Document to expand private sector involvement.
Addressing global economic uncertainty, Al-Mashat noted the disruptive effects of trade wars and U.S. policy decisions, calling for swift international action. She confirmed that Egypt is currently assessing the potential impact of these global developments on its domestic market.