● Regional and international partnerships are a fundamental pillar for achieving sustainable development and attracting investments.

● The government is working towards transitioning to a more resilient economy capable of confronting external changes.

● Localizing industries, human development, and empowering entrepreneurs are top priorities for creating jobs and achieving sustainable growth.

● The private sector is being incentivized through legislative and financial reforms to improve the business environment and attract investors.

● Growth rates in Egypt continue to improve, driven by economic reforms.

● Public investment governance is directed towards priority sectors, allowing space for the private sector.

● We expect Egypt’s economy to grow by 4% in the current fiscal year... Private sector indicators in January are more optimistic.

H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, predicted that Egypt's economy would grow by 4% in the current fiscal year, explaining that the government has, over the past few months, implemented financial and monetary policy measures and structural reforms that have enhanced the resilience of the Egyptian economy and its ability to face future shocks.

This came during her participation in the ministerial session on the "Regional Economic Outlook for 2025," held during the World Government Summit 2025 in Dubai, under the theme "Shaping Future Governments," with wide participation from heads of state, governments, and international and regional organizations

Also participating in the session were Dr. Muhammad Tamim, Deputy Prime Minister and Minister of Planning of Iraq, and Dr. Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund. The session was moderated by Emma Graham, CNBC representative in the UAE, with the presence of prominent ministers of economy from the MENA region to discuss the region's economic outlook for the coming year.

H.E. Dr. Rania Al-Mashat added that macroeconomic stability alone is not sufficient without continuous structural reforms that stimulate the business environment, increase Egypt's competitiveness, and enhance private sector participation. The government has implemented multiple measures over the past period and continues its reforms to strengthen Egypt’s economic resilience. She emphasized that international and regional partnerships in these developments are a key pillar for achieving development and attracting investments.

H.E. Minister Al-Mashat affirmed that the government is working on transitioning to a more resilient economy that can withstand external changes, prioritizing the localization of industries, human development, and empowering entrepreneurs to create job opportunities and achieve sustainable growth. The government is also continuing to stimulate the private sector through legislative and financial reforms to improve the business environment and attract investors.

H.E. Dr. Al-Mashat outlined the efforts made by the ministry to promote development financing through economic diplomacy, mobilizing local and external resources to bridge the financing gap in various sectors, through concessional funding, debt swaps, and the investment plan. She pointed out that these efforts benefit not only government financing but also the private sector, as concessional financing to the private sector last year amounted to approximately $4.2 billion, in various sectors, with renewable energy being a key focus, reinforcing Egypt's efforts to become a regional hub for renewable energy.

H.E. Dr. Al-Mashat highlighted the development of GDP in the first quarter of FY 2024/2025, according to the GDP report from the Ministry of Planning, Economic Development, and International Cooperation. She added that real GDP continues to show signs of recovery, with a growth rate of 3.5%, compared to 2.7% in the same quarter of the previous fiscal year 2023/24.

H.E. Minister Al-Mashat stated that this improvement came through positive performance in key sectors, especially the non-petroleum manufacturing sector. This positive growth occurred despite the continued decline in the Suez Canal’s activity. She noted that this positive growth can be attributed to the reform policies implemented by the government to restore macroeconomic stability and strengthen the governance of public investments.

H.E. Dr. Rania Al-Mashat clarified that the Suez Canal sector recorded a contraction of 68.4% during the first quarter of FY 2024/2025, while the Purchasing Managers' Index (PMI) rose to its highest level in 50 months, reaching 50.7 in January 2025.

H.E. Dr. Al-Mashat also noted that Egypt’s non-petroleum private sector showed its strongest growth in over four years.

H.E. Minister Al-Mashat presented the Ministry's framework for driving growth, which is based on three main pillars: using data-driven policies to achieve sectoral development goals, building a resilient economy to ensure macroeconomic stability and implementing structural reforms, and improving resource allocation.

H.E. Dr. Rania Al-Mashat also referred to global growth projections, noting that global GDP is expected to grow by 3.3% in both 2025 and 2026, which is below the historical average, according to the IMF’s World Economic Outlook Report for 2025.

H.E. Dr. Rania Al-Mashat highlighted the country’s efforts in governing public investments to direct resources toward priority sectors and create space for the private sector.