Egyptian President Abdel Fattah Al-Sissi held a meeting with Prime Minister Dr. Moustafa Madbouli and Planning and Economic Development Minister Dr. Ahmed Rostom to review the main features of the 2026-2027 economic and social development plan. The meeting focused on the plan's objectives, including a 5.4% growth rate and 3,700 billion Egyptian pounds in total investments.
The 2026-2027 plan aims to improve the investment climate and protect investors' rights through legal and legislative reforms. The Planning and Economic Development Ministry has implemented measures to develop the necessary frameworks, along with structural reforms outlined in the "State Ownership Policy Document" and the public asset disposal program. These efforts seek to enable the private sector to drive growth.
President Al-Sissi also reviewed the National Economic Transformation Program (2027-2030), currently under development. This program is based on existing sectoral strategies, industrial development plans, and national employment strategies. Its goal is to implement concrete measures to strengthen the national economy's resilience to crises.
A key aspect of the program is enhancing private sector participation, promoting competition, and increasing employment levels to create job opportunities and improve citizens' living conditions. President Al-Sissi emphasized the importance of these efforts in driving economic growth and development.
The Planning and Economic Development Minister presented a plan to establish and expand electronic payment methods for public services, making them more accessible to citizens in Egypt and abroad. President Al-Sissi stressed the need to immediately develop innovative electronic solutions to support the state's digitalization efforts and improve government efficiency and transparency.
Minister Dr. Ahmed Rostom discussed efforts to identify the most in-demand skills in the labor market, helping policymakers better plan human resource needs. His ministry is also expanding scientific and training partnerships to qualify and develop public administration leaders and employees, including a partnership with LinkedIn.
The meeting reflects the Egyptian government's ongoing efforts to drive economic growth, improve living standards, and enhance the business environment. The 2026-2027 plan and the National Economic Transformation Program are key initiatives aimed at achieving these goals.
Key points
- President Al-Sissi reviews the 2026-2027 economic and social development plan, targeting 5.4% growth and 3,700 billion Egyptian pounds in investments.
- The plan focuses on improving the investment climate, protecting investors' rights, and promoting private sector participation.
- The National Economic Transformation Program aims to strengthen the national economy's resilience to crises and enhance employment opportunities.
