According to the report, the real economic growth rate is projected to increase from 4% in the fiscal year 2024/2025 to 4.5% in 2025/2026, as part of the country’s plan to achieve gradual and sustainable growth. The strategy aims to continue this upward trend, reaching a growth rate of 6% by the end of 2028/2029. This will be driven by improving the investment climate, expanding the production base, and enhancing the private sector’s participation in the national economy. The report highlighted that these estimates align with forecasts from several international financial institutions, reinforcing confidence in Egypt’s ability to recover and achieve positive growth rates despite current global challenges. Additionally, the committee emphasized the social and human aspects of the development plan, affirming that economic growth fundamentally aims to improve citizens’ quality of life by supporting social protection programs, enhancing basic services, and promoting human development.
— new from سلاش ويب
