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بوابة الفجر
Madbouly: Boosting private sector growth
Prime Minister Mustafa Madbouly affirmed that the Egyptian government aims to increase the private sector’s contribution to economic activity to over 65% by 2030. This strategy relies on the second edition of the State Ownership Policy Document to strengthen the private sector’s role as a main driver of economic growth. He noted that the current contribution of the private sector stands at approximately 56.5%, with expectations of surpassing the target in the coming years, as part of the country’s efforts in economic and infrastructure reforms. Additionally, he mentioned the preparation of an executive program for the document aimed at translating the set objectives into concrete steps before the end of September, as well as improving the investment climate through new procedures and facilitation measures.
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