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Planning Ministry Completes Review of Economic Development Narrative

Cairo: The Ministry of Planning, Economic Development, and International Cooperation announced that the working groups formed within the framework of the public consultations on 'Egypt's Narrative for Economic Development: Reforms for Growth, Jobs and Resilience' have completed their work.

According to State Information Service Egypt, these groups reviewed the narrative's chapters and submitted their comments and proposals regarding macroeconomic stability, investment and foreign trade, industrial development, localizing development and regional planning, as well as issues related to human development.

Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat stated that the Ministry is currently studying the comments and proposals submitted by the working groups and experts regarding the chapters of 'Egypt's Narrative for Economic Development', in line with the announced timeline.

Minister Al-Mashat added that public consultations on the narrative were not limited to the organized working groups that examined its details, but also expanded through interactive community engagement via articles and thought pieces written by experts, which enriched the discussion with insights.

Al-Mashat expressed her appreciation for the momentum and high level of engagement generated by 'Egypt's Narrative for Economic Development: Reforms for Growth, Jobs and Resilience'. She noted that it has elevated the economic and social dialogue and broadened the discussion on Egypt's economic future. The Ministry has received many contributions from experts, academics, and economists, which are currently being reviewed.

'Egypt's Narrative for Economic Development' serves as a framework that integrates the Government Action Program, Egypt's Vision 2030, and sectoral strategies, taking into account the changes driven by regional and international developments. Its goal is to transition toward an economic model centered on reinforcing macroeconomic stability, focusing on the most productive sectors and those with the greatest export potential, while building on Egypt's infrastructure and redefining the role of the state in the economy to strengthen competitiveness and encourage private sector participation. This will contribute to continuing the trajectory of economic reform.

'Egypt's Narrative for Economic Development' includes a set of structural economic and social reforms across various sectors, implemented by 25 entities according to specific timelines, to sustain economic reform, enhance macroeconomic stability, improve the business and investment climate, and accelerate the shift toward a green economy.

It is worth noting that the Ministry of Planning, Economic Development, and International Cooperation launched the national dialogue sessions under the framework of 'Egypt's Narrative for Economic Development: Reforms for Growth, Jobs and Resilience' in September, with the participation of a range of ministers, multilateral and bilateral development partners, the private sector, and all relevant stakeholders.

The Ministry made 'Egypt's Narrative for Economic Development: Reforms for Growth, Jobs and Resilience' publicly available on its official website on September 14, enabling specialists and citizens to access its details.

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