The Egyptian House of Representatives has approved the draft economic and social development plan for the fiscal year 2025–2026.
The plan aims to achieve an economic growth rate of approximately 4.5%, which is considered relatively high compared to the modest rate of 2.4% recorded in 2023–2024. Public investments are projected to amount to EGP 1.16 trillion in the 2025–2026 plan, compared to an expected EGP 1 trillion in 2024–2025. This adjustment is part of a broader effort to rationalize public spending, reduce the burden of public debt—both domestic and foreign—and create broader opportunities for local private sector participation in development efforts.
Private investments are expected to increase to around EGP 1.94 trillion, representing about 63% of total investments, compared to 37% from public investments.
Source (Al Arabiya.net Website, Edited)
