Cairo: Prime Minister Moustafa Madbouli convened a meeting with the public investment governance committee to follow up on the commitment of state-owned entities to the investment ceiling of EGP one trillion for the current fiscal year 2024-2025. The meeting, held at the New Administrative Capital, included the participation of key figures such as Minister of Planning, Economic Development and International Cooperation Rania al Mashat, Minister of Finance Ahmed Kouchouk, Accountability State Authority Head Mohamed El-Faisal, and officials from relevant ministries and bodies.

According to State Information Service Egypt, the discussion focused on the public investments implemented by public sector companies during the first half of FY 2024-2025. This review aligns with Article (6) of Cabinet decision no. 736 of 2024, which mandates public entities to submit a semi-annual report detailing their investments to the governance committee.

In 2024, the government established a new investment ceiling for state-owned entities as a strategy to foster more opportunities for the private sector in business activities and to help curb inflation rates.