Egypt’s economic and social development plan for fiscal year 2026/2027 targets 5.4% economic growth, with total investments projected to reach EGP 3.7 trillion.

Prime Minister Mostafa Madbouly met on Sunday with Minister of Planning and Economic Development Ahmed Rostom to review the ministry’s key priorities and ongoing initiatives.

The meeting began with a review of macroeconomic developments and current performance indicators, during which Rostom outlined the main objectives of the FY2026/2027 economic and social development plan.

Rostom said the private sector is expected to account for approximately 59% of total investments, reflecting the government’s commitment to expanding private-sector participation, strengthening productive capacity, and supporting manufacturing industries.

The minister also presented the key features of the National Economic Transformation Program for 2027–2030, currently being developed based on existing sectoral strategies, the Industrial Development Strategy, and the National Employment Strategy.

The program aims to strengthen Egypt’s economic resilience against external shocks through targeted measures while expanding private-sector participation, enhancing competitiveness, and increasing employment and productivity to create jobs and improve living standards.

It also focuses on improving the geographical distribution of public and private investments across governorates, strengthening public financial governance, and increasing energy production, efficiency, utilization, and exports.

Additionally, the program seeks to establish an effective coordination framework between the Central Bank of Egypt, the Ministry of Finance, and the Ministry of Planning and Economic Development.

Rostom also outlined the ministry’s efforts to modernize legal and regulatory frameworks to improve the investment climate and safeguard investors’ rights.

These efforts include supporting entrepreneurship, startups, and high-growth businesses to enhance their competitiveness, alongside implementing structural reforms under the State Ownership Policy Document and the government’s privatization program.

The reforms aim to create greater opportunities for the private sector to lead economic growth by reducing state involvement in selected economic activities.

The government is also working to expand innovative long-term financing instruments, diversify funding sources, and enhance liquidity to facilitate the expansion of national and private-sector projects.

Further measures include broadening the tax base through digital systems to improve revenue collection and support fiscal sustainability.