Egypt's Cabinet has approved a public investment plan for fiscal year 2025/26 with spending capped at 1.16 trillion Egyptian pounds, International Cooperation Minister Rania Al-Mashat said on Sunday after talks with World Bank Group Managing Director Anshula Kant. Al-Mashat said the plan reflects the government's new National Narrative for Economic Development, which integrates Vision 2030 targets with efforts to diversify output, expand exports, reduce imports, and strengthen resilience to external shocks. She highlighted Egypt's $8.7 billion World Bank portfolio, one of the largest in the Middle East and North Africa, spanning energy and logistics projects through the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA). Kant reaffirmed the Bank's support, citing its 2025 Financial Facilitation Incentives (FFI) framework and debt-for-development swaps aimed at advancing education, healthcare, and environmental protection. Attribution: Amwal Al Ghad English Subediting: Y.Yasser