Cairo: Dr. Mostafa Madbouly, the Prime Minister, met with Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, to follow up on several files related to the ministry’s work. The meeting brought together key figures from various sectors, including Dr. Magid Osman, CEO of the Egyptian Center for Public Opinion Research (Baseera), and other high-ranking officials from the Ministry of Planning.
According to State Information Service Egypt, Dr. Rania Al-Mashat presented the features of the economic and social development plan for 2025/2026. The plan is being discussed with various ministries and state agencies and is aligned with Egypt’s Vision 2030. It aims to support the government’s efforts to implement the “State Ownership Policy Document” and promote private sector engagement. The plan’s priorities include constitutional entitlements for education, scientific research, and health, alongside projects for food and energy security and the continuation of the “A Decent Life” initiative to develop rural Egyptian villages.
The meeting also highlighted that human development sectors are allocated the largest share of government investments at around 45%, indicating a focus on sectors directly related to citizens. Infrastructure and industrial development account for 35% of investments, while local development and governorates receive 19.7%.
Dr. Al-Mashat addressed the ministry’s efforts to prepare the national narrative for economic development, which aims to foster growth and employment, achieving a resilient economy. The ministry is working on an executive plan to achieve sustainable growth and boost competitiveness through a unified economic framework. This plan will be shared in upcoming roundtables with relevant ministries and advisory committees.
The Prime Minister also reviewed coordination efforts among ministries to implement the national program for structural reforms. Dr. Al-Mashat discussed the structural reforms aimed at enhancing macroeconomic stability and competitiveness and transitioning to a green economy. The second phase of the macroeconomic support mechanism is underway, which includes implementing 114 measures to stimulate the business environment and open avenues for the private sector.
Additionally, the meeting covered preparations for the Human Development Report for 2025. This report will contribute to public dialogue on national policies for comprehensive economic development, analyze developmental gaps, and propose solutions to accelerate growth.
Dr. Al-Mashat also reviewed efforts by the ministerial group for entrepreneurship, focusing on defining startups, easing establishment and licensing procedures, and other initiatives to facilitate a conducive environment for startups. This aligns with efforts to enhance the Egyptian economy’s competitiveness.
The meeting concluded with a discussion on the strategic partnership between Egypt and the European Union. Coordination with national entities is ongoing to prioritize economic stability, trade, and investments, and to activate the investment guarantees mechanism worth 1.8 billion pounds to encourage European investments, supporting sustainable growth led by the private sector.