Minister of Planning: EGP 2 Trillion Set for FY2024/25 Investments

Minister of Planning, Economic Development, and International Cooperation Dr. Rania Al-Mashat announced an investment plan for FY2024/2025, totaling EGP 2 trillion, with the private sector accounting for 49.7% of the contributions.

The minister outlined Egypt’s multi-dimensional reform agenda, which focuses on strengthening macroeconomic resilience, enhancing business competitiveness, and diversifying the economy. Additionally, advancing green transformation remains a key priority, unlocking new investment opportunities for the private sector.

Central to the government’s agenda is the empowerment of the private sector as a driver of sustainable development. This is evident in ongoing economic and structural reforms aimed at fostering a business-friendly environment and enabling private enterprises to address key economic challenges.

A cornerstone of these efforts is the Development Policy Financing Program, designed in partnership with international institutions to provide budgetary support for structural reforms. Complementing this is the National Integrated Financing Strategy, which aims to secure both local and international funding for development initiatives. Over the past four and a half years, Egypt has received EGP 12 billion in concessional financing for private sector projects from international organizations.

The minister highlighted Egypt's strong collaboration with global development partners as a testament to its commitment to inclusive and sustainable growth. These partnerships are critical in navigating economic uncertainties while addressing the country’s long-term goals.