Egypt’s Minister of Planning, Economic Development, and International Cooperation, Dr Rania Al-Mashat, announced on Sunday, September 7, that the country is aiming for 7 percent real GDP growth by 2030 under its newly launched economic narrative.
The framework seeks to boost the share of private investments in total investments to 66 percent, up from 60 percent in FY2025/2026, while raising private investment’s contribution to GDP from 9.1 percent this fiscal year to 11.9 percent by the end of the decade.
The contribution of the private sector to overall GDP is projected to climb from 77.1 percent in FY2024/2025 to 82 percent by 2030.
The plan also targets significant improvements in employment and sustainable investment, including an increase in job creation from 900,000 in FY2025/2026 to 1.5 million by 2030. Total investments are expected to represent 18 percent of GDP, while green projects will constitute 75 percent of public investments.
The narrative is currently open to community dialogue until November 2025, with a final draft due in December. Its launch coincides with Egypt’s preparations for discussions with the International Monetary Fund (IMF) on the fifth and sixth reviews of its $8 billion loan program, as well as the first review of the $1.3 billion Resilience and Sustainability Facility.