5.4 per cent growth targeted in FY2026/27
President Abdel Fattah El-Sisi on Sunday chaired a meeting that reviewed the main features of Egypt’s economic and social development plan for FY2026/27 and the proposed National Economic Transformation Programme for 2027–2030.
The meeting was attended by Prime Minister Mostafa Madbouly and Minister of Planning and Economic Development Ahmed Rostom.
The development plan targets economic growth of 5.4 per cent and total investments of L E3.7 trillion, Presidency Spokesman Mohamed El-Shennawy said.
The meeting also reviewed ongoing efforts to strengthen the legal and regulatory framework for investment, safeguard investors’ rights, advance structural reforms under the State Ownership Policy Document and expand the government’s privatisation programme, allowing the private sector to play a greater role in driving economic growth, the spokesman added.
The discussions also covered the National Economic Transformation Programme for 2027–2030, which is being developed on the basis of existing sectoral strategies, the industrial development strategy and the national employment strategy.
The programme aims to strengthen the Egyptian economy’s resilience to future shocks.
President Sisi stressed the importance of empowering the private sector, promoting competition and creating more job opportunities to improve living standards.
For his part, Rostom outlined plans to expand the use of electronic payment tools for public services and make them more accessible to citizens inside and outside Egypt, in line with recommendations from Egypt Forum 2026.
President Sisi ordered the immediate development of innovative digital tools to accelerate the digitalisation of government services and enhance their efficiency and transparency, the presidency spokesman added.
Rostom also highlighted the ministry’s efforts to identify the skills most in demand in the labour market, support workforce planning and expand partnerships in training and leadership development for public sector employees, including co-operation with LinkedIn.
The meeting also reviewed ongoing preparations for Cairo’s hosting of a business-focused event organised in co-operation with the World Economic Forum (WEF) on 16–17 November 2026.
President Sisi stressed the importance of the event as a platform for showcasing investment opportunities across various sectors of the Egyptian economy.
He directed that the institutional and regulatory frameworks needed to launch new financing mechanisms with international institutions and private sector participation in infrastructure projects be completed. He also stressed that financing proposals should be assessed in line with state priorities, with the most cost-effective options selected.
