The Ministry of Planning and Economic Development unveiled the core components of Egypt’s Economic and Social Development Plan for the fiscal year 2026/27, alongside a medium-term framework extending through 2029/30, during a session of the House of Representatives’ Financial, Economic Affairs and Investment Committee. The meeting, chaired by Ahmed Abou Hashima, emphasized alignment with Egypt Vision 2030 and directives aimed at enhancing economic productivity and improving public welfare. The plan was presented to a panel of senior officials, including Gamil Helmy, Assistant Minister for Monitoring Affairs; Kamal Nasr, Assistant Minister for Technical Office Affairs; Nehad Morsy, Assistant Minister for Infrastructure Affairs; Heba Abdel Moneim, Assistant Minister for Human Development Affairs; Mohamed Fathy Saqr, Adviser to the Minister for Plan Preparation; Ahmed Ashour, Adviser to the Minister for National Accounts; and Ismail Youssef, Senior Adviser to the Minister for Plan Implementation and Follow-up.
The initiative emerged amid global economic turbulence, including persistent disruptions to international supply chains and geopolitical tensions. Officials highlighted that the plan prioritizes total investments of approximately EGP 3.7 trillion for the 2026/27 fiscal year, with a notable shift toward private-sector participation. Private investments are projected to constitute 59% of the total, amounting to EGP 2.2 trillion, marking the first time this share has surpassed 50%. This reflects a strategic reallocation of resources, with the government aiming to reduce reliance on public funds while fostering partnerships with the private sector to elevate the investment-to-GDP ratio to 20% by 2029/30.
Human development remains central to the plan’s objectives. Allocations for the health and population sector will rise by 25%, with a focus on completing digital transformation projects and modernizing public and university
