A report by the Senate Finance, Economic Affairs, and Investment Committee, chaired by MP Hany Seri El-Din, highlighted that the economic and social development plan for the fiscal year 2025/2026 is based on a clear vision linking accelerated investment rates with higher economic growth. The report cited data from the Ministry of Planning, Economic Development, and International Cooperation, showing a strong correlation between investment rates and real GDP growth. According to the report, increasing the investment rate to 19.3% of GDP by the end of the 2028/2029 plan would correspond to a rise in real economic growth to 6%. The report emphasized the importance of boosting investment rates in the coming years due to their direct positive impact on economic performance. The parliamentary committee noted that enhancing the investment climate, expanding private sector participation, and encouraging local and foreign investments are key priorities to drive growth, create jobs, and strengthen the national economy’s competitiveness.
— new from (اليوم السابع)
