The share of private investment in Egypt's total investment rose significantly from 38.5 per cent in the first half of fiscal year 2023/24 to nearly 60 per cent during the same period in 2024/25, according to the International Monetary Fund. In its latest report, the IMF said this shift reflects progress in reforms aimed at enhancing the role of the private sector. It stressed that decisively reducing the public sector's footprint and ensuring a level playing field for all economic actors should remain top policy priorities. The Fund highlighted that the implementation of Egypt's State Ownership Policy and the asset divestment programme in selected sectors would be critical to enabling the private sector to contribute more effectively to economic growth. These measures, it added, must be accompanied by continued efforts to improve the business environment. Attribution: Amwal Al Ghad English Subediting: M. S. Salama