Egypt targets a 7 per cent economic growth rate by 2030 and between 70–75 per cent share of green projects in public investments, up from 50 per cent in the current fiscal year, its planning minister said Sunday. Under the country's National Narrative for Economic Development, Minister Rania Al-Mashat said total investments is estimated to reach 18 per cent of GDP by 2030, compared to a 15.2 per cent currently. The plan's launch was attended by Prime Minister Moustafa Madbouly, senior ministers across key portfolios including health, education, finance, investment, agriculture, communications, petroleum, and foreign affairs, as well as private sector leaders, parliamentarians, and international partners. As part of the state's efforts to boost private sector engagement in the Egyptian economy, the new narrative plan entails that private investments shall rise to 66 per cent of total investments by 2030, contributing 82 per cent of GDP, with private investments as a share of GDP reaching 11.9 per cent from 9.1 per cent per cent currently. Public green investments will be expanded to support sustainable development, and the economy is projected to generate 1.5 million jobs annually by 2030, up from 900,000 expected this fiscal year. Al-Mashat said the narrative provides a comprehensive framework that aligns government policy with Egypt Vision 2030, focusing on high-productivity, export-oriented sectors and leveraging advanced infrastructure to strengthen competitiveness and private sector participation. Attribution: Amwal Al Ghad English Reporting: Aya El-Sayed Writing: Y.Yasser Subediting: Y.Yasser
