Minister of Planning, Economic Development and International Co-operation and Egypt’s Governor at the World Bank Rania Al-Mashat affirmed that Egypt remains a promising and stable market despite the surrounding regional and global turbulence.
This stability makes it attractive to investors, she said, emphasized that the Egyptian government follows systematic, integrated, and coordinated policies across various ministries within the economic group to maintain macroeconomic stability and enhance the country’s competitiveness both regionally and internationally.
This came during an extensive meeting with Jefferies Group and a large number of international investors, held on the sidelines of the 2025 Spring Meetings of the International Monetary Fund and the World Bank in Washington, D.C. The meeting aimed to present key indicators and developments in the Egyptian economy, and was attended by Minister of Finance Ahmed Kouchouk.
Mashat noted that the political leadership is keen to encourage both local and foreign investments by reducing the cost of investment for the private sector. She referenced directives from President Abdel Fattah El Sisi to unify taxes and fees imposed on investors, which will contribute to improving the business climate and alleviating significant burdens that investors previously faced.
She pointed out to the progress of Egypt’s economy and the outcomes of the ongoing economic and structural reform program that began in March 2024. She also highlighted how fiscal discipline and monetary policies have positively impacted macroeconomic indicators such as growth and inflation. These improvements were reflected in the International Monetary Fund’s recent report, which raised Egypt’s projected growth rates, according to her.
The minister stated that the government will continue to implement a cap on public investment spending in the next fiscal year. This is part of efforts to regulate the state’s involvement in economic activities and to provide more opportunities for the private sector. She invited investors to explore investment opportunities available to both local and foreign companies in promising sectors such as renewable energy, infrastructure, and non-oil manufacturing industries.
Mashat stressed the continuation of structural reforms to strengthen the economy’s resilience against external shocks. She stated that the coming period will witness the implementation of a package of reform measures in coordination with relevant ministries and institutions. She said that the improvement in Egypt’s economic indicators reflects the effectiveness of the government’s economic reform path, adding that the government aims to pass a new law for state-owned enterprises to regulate their economic involvement and boost private sector participation, in line with the State Ownership Policy Document.
She also addressed the impact of global trade wars and measures taken by the United States, which have caused economic instability worldwide. This, she said, calls for swift international action to mitigate the situation, adding that the Egyptian government is currently studying the potential effects of these measures on the local market.
