H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation:
• The Egyptian economy records growth exceeding the target in 2024/2025, the highest in two years, at 4.4%.
• 5% growth in the fourth quarter, the highest in 3 years. The economy has demonstrated resilience and the ability to confront external fluctuations.
• The "structure of growth" confirms the state's pursuit of a transformation towards an economic model based on higher productivity sectors and those with a greater ability to access export markets.
• “Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience” enhances the utilization of infrastructure supporting industrialization and investment to increase productivity.
• The Egyptian economy shows strong performance with the continuation of policies supporting macroeconomic stability, commitment to public investment governance, and the implementation of structural reforms.
• Growth in the economy is driven by non-petroleum manufacturing, tourism, communications, and financial intermediation.
• We have advanced infrastructure supporting industrialization and investment, and the government continues to implement reforms aimed at empowering the private sector.
• Non-petroleum manufacturing grew by 14.7% during the last fiscal year, compared to a contraction of 6.1% in the corresponding period.
• Customs clearance procedures, economic stability, and increased industrial investments boosted the growth of non-petroleum manufacturing.
• Egypt's tourism sector attracted over 17 million tourists by the end of the last fiscal year, a yearly increase of 16.4%.
• Information and Communications Technology (ICT) achieved 14.6% growth in the fourth quarter and 13.8% annual growth, supported by increased investment in digital infrastructure and the launch of 5G technology.
• The pace of contraction in the extractive and petroleum sectors slowed with the resumption of drilling, field development, and new explorations.
• EGP 1.23 trillion is the volume of investments implemented at constant prices during the last fiscal year, with a decline in the contribution of public investment.
• Private investment reached its highest level in the past 5 years, accounting for more than 47.5% of total investments.
• The restored confidence in the domestic investment climate is reflected in the positive recovery of investment and inventory contribution to GDP growth.
• Increased industrial growth with a noticeable improvement in export performance, driven by finished goods which recorded a 12.8% increase in the fourth quarter of the fiscal year.
• Intermediate goods imports rose by 55.3% in the last quarter of the year, driven by increased imports of car parts.
• Imports recorded growth reflecting production and investment activity, and intermediate goods account for 34.5% of total imports.