At an Expanded Meeting at the Planning Institute: Dr. Ahmed Rostom Announces 5.1% Egyptian Economic Growth and Affirms Citizens Are the Fruit of Reform
Expanded Partnership for Monitoring and Follow-Up
Dr. Ahmed Rostom, Minister of Planning and Economic Development, gathered a select group of academic leaders, experts, and parliamentarians at the National Planning Institute to discuss the current economic situation and monitor the targets of the economic and social development plan for the fiscal year 2026/2027, with the participation of the Institute's president and a host of former ministers and officials.
A Leap in Private Sector Investments and Resilience Against Crises
The Minister of Planning praised the ability of economic sectors to absorb regional and international geopolitical shocks, announcing that a growth rate of 5.1% was achieved during the past fiscal year. Dr. Rostom highlighted a record structural shift as the private sector captured 57.7% of total investments, alongside the recovery of non-petroleum manufacturing industries.
Harmony Between Government and Central Bank Policies to Curb Inflation
The meeting shed light on the close harmony and coordination between the government, headed by Prime Minister Dr. Moustafa Madbouly, and the Central Bank of Egypt. This integration aims at the precise tuning of fiscal and monetary policies to ensure curbing inflation, reducing public debt burdens, and providing an attractive environment for comprehensive development.
A National Program for Economic Transformation Under Presidential Directives
The Minister revealed the broad outlines of the "National Economic Transformation Program" implemented under the directives of President Abdel Fattah El-Sisi, stressing that it builds on previous gains and intersects with the "State Ownership Policy Document" to empower the private sector, consolidate competitive neutrality, and sustain financial stability.
The Fruits of Stability: Better Living Standards for Citizens
Dr. Ahmed Rostom concluded by emphasizing that economic stability is not an end in itself, but rather an essential step to translate it into tangible results that improve income and services, positively reflecting directly on the daily life details of the Egyptian citizen.
