Egyptian economic experts have emphasized that the country's economic future depends on its ability to leverage its vast resources and invest in national development. They note that Egypt has a unique geographical location, the Suez Canal, a large domestic market, and significant industrial, agricultural, and human resources. The country's foreign exchange reserves have reached over $57 billion as of August 2026.
The experts, in statements to Al Gomhuria, stressed that a strong economy requires a stable state, and a stable state needs an economy that can provide job opportunities and improve living standards. They believe that Egypt can overcome challenges, but the real test is to turn every crisis into a lesson and every resource into added value. This can be achieved by transforming every village into a production center and every young person into an economic force.
Dr. Ramzi Al-Jerm, an economic expert, highlighted the importance of civil society participation in discussing economic decisions. He emphasized that a strong economy starts with the state's ability to protect its resources, increase production, and improve services. Dr. Ahmed Abdel Lah, another expert, noted that the President's meeting reflects a comprehensive economic vision aimed at enhancing the economy's resilience.
Dr. Yaser Shuweiteh, an economic expert, stated that economic development and political stability are two sides of the same coin. He added that the past few years have shown that the economy is a crucial line of defense for the state. The more Egypt increases production, diversifies foreign currency sources, and improves service efficiency, the more resilient it will be to external shocks.
The experts pointed out that Egypt's economy has faced significant challenges in recent years, including the COVID-19 pandemic, the Russian-Ukrainian war, and the Gaza conflict. Despite these challenges, the country's economy has shown positive indicators, with a 5.2% growth in GDP during the first nine months of the 2025/2026 fiscal year.
Dr. Karm Salem, an international economic expert, noted that the most important economic message is that economic security is no longer separate from national security. He emphasized that a strong economy starts with the state's ability to protect its resources, increase production, and improve services. The expert highlighted the need to build on the positive indicators and address the challenges of inflation, public debt, and foreign currency pressures.
The experts concluded that the key to Egypt's economic success lies in its ability to work together as a nation, with the government, civil society, and the private sector playing their roles. They emphasized that protecting Egypt starts with the awareness of its citizens, the efficiency of the state, and the strength of the economy.
Key points
- Egypt's economic growth reached 5.2% during the first nine months of the 2025/2026 fiscal year.
- The country's foreign exchange reserves have reached over $57 billion as of August 2026.
- Experts stress the importance of a strong economy, increased production, and equal opportunities for Egypt's future growth.
