Following the completion of the preparation of the Financial and Social Growth Plan for the upcoming fiscal yr 2025/2026, and the presentation of the plan assertion earlier than the Home of Representatives, H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Financial Growth and Worldwide Cooperation, held an expanded assembly with the Ministry’s leaders, from numerous departments and related entities, to comply with up on the workflow and focus on the priorities for the following section.
In the beginning of the assembly, H.E. Dr. Rania Al-Mashat expressed gratitude to all departments inside the Ministry for the efforts in the course of the previous interval, which had been characterised by intensive and diligent work that contributed to the completion and launch of a number of experiences and public platforms, together with the Ministry’s Annual Report for 2024, Egypt’s Built-in Nationwide Financing for Growth Technique, the 2nd Progress Report of the Nation Platform for the “NWFE” program, the Monitoring and Analysis Handbook with the United Nations, in addition to the second section of the “HAFIZ” Hub for Advisory, Finance and Funding for Enterprises, experiences on localizing Sustainable Growth Objectives, and Citizen Finances Plans.
The Minister of Planning, Financial Growth and Worldwide Cooperation emphasised that, along with the latest efforts, the approaching interval requires us to exert extra effort and steady work in mild of the implementation of the federal government’s program priorities and Egypt’s Imaginative and prescient 2030, to consolidate macroeconomic stability, protect growth beneficial properties, and advance Egypt’s growth path amidst successive regional challenges and worldwide repercussions.
H.E. Minister Al-Mashat harassed the important stage that the Egyptian economic system goes via, and that regardless of the continued challenges, the financial and structural reform measures, that had been applied beginning March 2024, have improved the Egyptian economic system’s skill to resist and adapt to adjustments, and even transfer ahead in reaping the advantages of growth.
H.E. Dr. Al-Mashat gave directives to instantly begin discussions with ministries and related entities to start getting ready the medium-term financial and social growth plan, ranging from the fiscal yr 2026/2027, which is scheduled to be the primary medium-term plan in accordance with the Unified Planning Legislation. Will probably be applied in session, coordination, and cooperation with all ministries, public our bodies, governorates, the personal sector, and civil society, affirming the participatory strategy that the state follows in growth efforts, and inside the framework of dedication to the implementation of the Public Planning Legislation No. 18 of 2022, and the Unified Public Finance Legislation No. (6) of 2022.
H.E. Minister Al-Mashat identified that the Ministry continues its pivotal function in implementing the nationwide program for structural reforms with a purpose to empower the personal sector and create house for extra native and overseas investments to attain sustainable financial progress. She additionally pointed to directing all facets of help to the Ministry’s digital transformation efforts for enhancing the optimum use of knowledge and data in formulating evidence-based insurance policies.
Distributed by APO Group on behalf of Ministry of Planning, Financial Growth, and Worldwide Cooperation – Egypt.
