Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, delivered key messages to the business community and private sector:
Reforms and policies supporting growth and employment are ongoing and will not stop.
Egypt is moving toward an economic model based on productivity, industry, and exports.
Indicators confirm improvement in Egypt’s economy and increased reliance on investment, production, and exports.
Concessional development financing is widely available to the private sector across different industries.
Since 2023, USD 9.5 billion in concessional financing has been mobilized to support the budget, tied to structural, fiscal, and sectoral reforms.
Egypt’s economy is shifting from “managing challenges” to “consolidating stability and expanding opportunities.”
Economic policy has become more predictable, enhancing investor and business confidence.
Governance of public investments has reduced burdens on the state budget and debt.
Public investments in FY 2024/2025 reached EGP 922 billion, 92% of the targeted plan.
Macroeconomic stability is the foundation for Egypt’s economic take-off.
A medium-term budgetary framework is being prepared, linked to programs, performance, and spending efficiency.
During her speech at the opening session of Hapi Newspaper’s Conference on Egypt’s Economic Competitiveness, attended by Finance Minister Ahmed Kojok, Public Business Sector Minister Mohamed Sheimy, FRA Chairman Mohamed Farid, GAFI Chairman Hossam Heiba, and private sector representatives, Dr. Al-Mashat emphasized that positive indicators confirm 2026 will mark a turning point for Egypt’s economy, based on reforms already achieved and the government’s determination to continue.
She explained that the ministry, in cooperation with the Ministry of Finance, is preparing the economic and social development plan and the medium-term budget framework (2026/2027–2029/2030), linked to programs and performance to ensure efficient spending and alignment of allocations with results.
Dr. Al-Mashat highlighted that concessional development financing from international partners is increasingly available to the private sector, noting that since 2020, such financing exceeded USD 15 billion, including USD 5 billion through the NWFE national platform, which supported major private companies such as Infinity Power, EMEA Power, ACWA Power, and Scatec.
She stressed that macroeconomic stability is the basis for Egypt’s economic take-off. To reinforce this stability, the ministry mobilized USD 9.5 billion in concessional financing from international partners since 2023, helping extend debt maturity, reduce burdens, and diversify financing sources. These funds were linked to more than 150 economic, structural, and sectoral reforms and clear development policies.
She noted that public investment spending in FY 2024/2025 was capped at EGP 1 trillion, with actual investments reaching EGP 922 billion (92% of the target), contributing to fiscal discipline, debt reduction, and creating space for private investment, which rose to 63% of total investments this fiscal year.
Dr. Al-Mashat concluded that Egypt’s economy has moved from managing challenges to consolidating stability and expanding opportunities, empowering the private sector. She emphasized ongoing labor market reforms to enhance employment opportunities, decent work, innovation, and entrepreneurship, including adopting a unified definition of startups to enable them to benefit from government incentives.
She added that the coming period will witness more international institutional investments in company equity—both startups and large firms—as well as additional financing through European investment guarantees worth EUR 1.8 billion and guarantees from the Multilateral Investment Guarantee Agency (MIGA). She stressed that Egypt’s economy has become a platform for international institutions to empower the private sector.
