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 varied departments and related entities, to comply with up on the workflow and talk about the priorities for the subsequent part.
Originally of the assembly, H.E. Dr. Rania Al-Mashat expressed gratitude to all departments inside the Ministry for the efforts through the previous interval, which had been characterised by intensive and diligent work that contributed to the completion and launch of a number of reviews 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 Guide with the United Nations, in addition to the second part of the “HAFIZ” Hub for Advisory, Finance and Funding for Enterprises, reviews on localizing Sustainable Growth Objectives, and Citizen Price range Plans.
The Minister of Planning, Financial Growth and Worldwide Cooperation emphasised that, along with the current 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 improvement positive aspects, and advance Egypt’s improvement path amidst successive regional challenges and worldwide repercussions.
H.E. Minister Al-Mashat harassed the vital stage that the Egyptian economic system goes by, and that regardless of the continued challenges, the financial and structural reform measures, that had been carried out beginning March 2024, have improved the Egyptian economic system’s capability to resist and adapt to adjustments, and even transfer ahead in reaping the advantages of improvement.
H.E. Dr. Al-Mashat gave directives to instantly start discussions with ministries and related entities to start getting ready the medium-term financial and social improvement plan, ranging from the fiscal yr 2026/2027, which is scheduled to be the primary medium-term plan in accordance with the Unified Planning Regulation. Will probably be carried out 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 improvement efforts, and inside the framework of dedication to the implementation of the Public Planning Regulation No. 18 of 2022, and the Unified Public Finance Regulation 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 the intention to empower the personal sector and create house for extra native and international investments to realize sustainable financial development. She additionally pointed to directing all elements of help to the Ministry’s digital transformation efforts for enhancing the optimum use of information and knowledge in formulating evidence-based insurance policies.
Distributed by APO Group on behalf of Ministry of Planning, Financial Growth, and Worldwide Cooperation – Egypt.