Egypt has set a target of 3.5 trillion Egyptian pounds in total investments and a 4.5 per cent growth rate under its economic and social development plan for FY 2025/2026, according to the Ministry of Planning, Economic Development, and International Cooperation. The plan, which came into effect in July, projects GDP to reach 9.1 trillion Egyptian pounds at constant prices and 20.4 trillion Egyptian pounds at current prices in 2025/2026, compared with an estimated 17.3 trillion Egyptian pounds in 2024/2025, an increase of 18 per cent. Private investments are expected to account for the majority, reaching 1.94 trillion Egyptian pounds or 63 per cent of the total investment amount, while public investments are targeted at 1.16 trillion Egyptian pounds, or 37 per cent. The plan also aims to raise the investment-to-GDP ratio to 17.1 per cent, up from 15 per cent in 2024/2025 and 13 per cent in 2023/2024. Planning Minister Rania Al-Mashat said the new framework reflects the ministry's integrated approach following the merger of planning, economic development, and international cooperation portfolios. The financing for development model seeks to align national and sectoral strategies, mobilise diverse funding sources, and attract foreign direct investment while strengthening private sector participation. The plan is structured within a medium-term budgetary framework extending to 2028/2029 and incorporates a participatory approach in line with Planning Law No. 18 of 2022. It prioritises efficiency in public spending, focusing on growth-driving sectors such as agriculture, manufacturing, ICT, tourism, and logistics, as well as essential services in health, education, and research. It also builds on the National Structural Reform Programme, targeting macroeconomic stability, improved competitiveness, a stronger business environment, and the transition to a green economy. Attribution: Amwal Al Ghad English Subediting: M.S.Salama
