Egyptian Prime Minister Dr. Mostafa Madbouly held a meeting to review the axes of two sessions titled "Cash Resources and Debt Management" and "Features of the Egyptian Economic Program until 2030". This is part of the preparations for the 2026 Egypt Forum, scheduled to take place from October 19 to 24 in the new capital. The meeting was attended by several high-ranking officials, including Deputy Prime Minister Dr. Hussein Issa, Finance Minister Ahmed Kujok, and Planning and Economic Development Minister Dr. Ahmed Rustam.

During the meeting, Madbouly emphasized that public debt management is a top priority for the government. He stated that the government is working to achieve a downward trend in external debt while attracting more direct investments in various sectors. This aims to provide alternative financing sources and reduce reliance on external debt. The Prime Minister also highlighted the importance of transparency and public discussion of the debt issue.

The 2026 Egypt Forum will feature a session dedicated to discussing public debt management, with the participation of economic experts and specialists. The session aims to address public concerns and provide recommendations for managing public debt in the coming period. Madbouly stressed the importance of coordinating with the Central Bank to enhance economic stability and stimulate private sector participation.

The meeting also reviewed the features of the national economic transformation program, currently being prepared in coordination with the government and the Central Bank. This program is expected to be presented at the forum, along with a discussion of its various aspects. Several interventions were made during the meeting, addressing economic issues of concern to Egyptian citizens and experts.

The Prime Minister directed that all issues related to the state's foreign exchange resources, public debt, and the national economic transformation program be monitored and addressed during the forum sessions. The goal is to provide clear answers to public concerns and develop executive plans to improve citizens' living conditions.

The 2026 Egypt Forum is expected to provide a platform for discussing key economic issues, including public debt management and the country's economic program. The forum will bring together experts, officials, and stakeholders to share ideas and develop solutions to Egypt's economic challenges. The event aims to contribute to the country's economic development and improve the standard of living for its citizens.

Key issues to be discussed at the forum include the management of public debt, the national economic transformation program, and ways to attract more direct investments. The forum's outcomes are expected to inform government policies and strategies for economic development.

Key points

  • The Egyptian government is prioritizing public debt management and economic transformation.
  • The 2026 Egypt Forum will discuss key economic issues, including public debt and investment.
  • The forum aims to develop solutions to Egypt's economic challenges and improve citizens' living conditions.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.