Egyptian Prime Minister Moustafa Madbouly reviewed a series of private sector-driven economic reform proposals aired on the televised programme Al-Mowagaha, underscoring the government's openness to business-led development ideas as it works to spur investment and deliver structural change. In a meeting with executives from United Media Services (UMS), which produces the programme, Prime Minister Madbouly said the government is studying the recommendations seriously, signalling closer alignment between state planners and the private sector. According to a Cabinet statement on Thursday, the proposals, compiled from discussions with investors and experts featured on the show, include: * A national plan to restructure GDP by raising the contribution of investment and exports to 50 per cent over 3–5 years; * Doubling exports within five years by attracting multinational manufacturers to Egypt, particularly within the Suez Canal Economic Zone (SCZone); * Scaling up investment in tourism and agriculture to unlock untapped growth potential; * Reducing public debt to 70 per cent of GDP and external debt to 20 per cent over five years using innovative financing tools; * Accelerating public-private dialogue and education reform to better match market needs. Specific suggestions to boost tourism included launching a dedicated land bank for development projects, streamlining licences via a single-window system, and expanding airport infrastructure—potentially under private management—to handle higher tourist volumes. The plan also encourages the establishment of private Egyptian airlines through targeted incentives. "We are committed to maintaining open channels with experts and business leaders to ensure Egypt's economic policies reflect real market needs," Prime Minister Madbouly said. Sherif El-Khouly, board member of UMS, and company chairman Tarek Nour presented the ideas. Nour said the programme aims to shed light on real-world challenges facing key sectors and generate practical solutions from industry leaders. The move reflects the government's broader effort to rebuild investor confidence amid a challenging macroeconomic environment and mounting pressure to unlock private capital and reduce reliance on public spending. The prime minister confirmed that actionable proposals from Al-Mowajaha will be assessed for implementation as part of Egypt's evolving reform agenda. Attribution: Amwal Al Ghad English
