He also highlighted the ministry’s efforts to strengthen the legal and regulatory frameworks governing investment, improve the business environment, and protect investors’ rights.
President Abdel Fattah El-Sisi held a meeting on Sunday with Prime Minister Mostafa Madbouly and Minister of Planning and Economic Development Ahmed Rostom to review the main objectives of Egypt’s economic and social development plan for fiscal year 2026/2027.
During the meeting, Rostom outlined the plan’s targets, including economic growth of 5.4% and total investments of EGP 3.7 trillion. He also highlighted the ministry’s efforts to strengthen the legal and regulatory frameworks governing investment, improve the business environment, and protect investors’ rights.
These efforts include structural reforms under the State Ownership Policy Document and the government’s asset offering program, both aimed at expanding opportunities for the private sector to lead economic growth.
The meeting also reviewed the key priorities of the National Economic Transformation Program for 2027–2030, which is being developed based on existing sectoral strategies, the industrial development strategy, and the national employment strategy. The program focuses on implementing targeted measures to strengthen the Egyptian economy’s resilience to crises and support sustainable growth.
El-Sisi emphasized the importance of expanding private sector participation, strengthening its competitiveness, and increasing employment opportunities to improve citizens’ living standards.
The discussions also addressed plans to introduce and expand electronic payment solutions for public services, making them more accessible to Egyptians both domestically and abroad.
El-Sisi directed the government to immediately begin studying and developing innovative digital solutions to accelerate the digitalization of public services, simplify access for citizens, and improve the overall efficiency and transparency of government operations.
Rostom also presented the ministry’s efforts to identify the skills most in demand in the labor market, providing policymakers with data to support workforce planning. He highlighted initiatives to expand academic and training partnerships aimed at developing the capabilities of government officials and employees, while attracting new talent to the state’s administrative apparatus.
In this context, the minister referred to the ministry’s cooperation with LinkedIn to leverage labor market data and support workforce development strategies.
The meeting further covered final preparations for Egypt’s hosting of a business-focused meeting in cooperation with the World Economic Forum (WEF), scheduled for November 16–17, 2026.
El-Sisi highlighted the significance of the event as a platform for showcasing investment opportunities across Egypt’s economic sectors and attracting greater international business participation.
The president also directed officials to finalize the regulatory and institutional frameworks required to introduce innovative financing mechanisms in cooperation with international financial institutions. These mechanisms would encourage private sector participation in infrastructure projects while reducing pressure on foreign currency resources.
Additionally, El-Sisi called for a systematic institutional review of financing requests to ensure alignment with national priorities, alongside a comprehensive assessment of available financing alternatives to identify the most suitable options in terms of cost and conditions.
