24 Hrs
Source:
بوابة الشروق
_1777352142843_145525226.png&w=64&q=75){kind=small}
Planning Minister emphasizes growth quality
The Minister of Planning and Economic Development indicated that Egypt's economic growth reached 5.1% during the fiscal year 2025/2026, primarily relying on productive sectors such as industry, communications, and commerce, which contributed 48% to this growth. He also emphasized that the quality and sources of growth are the most important factors, noting a strong increase in manufacturing industries and a decline in the monthly inflation rate to 12.7% in August compared to 13% in the previous year. He clarified that Egypt has effectively benefited from past shocks. Furthermore, he stated that the government is working to promote private sector participation in investments and to develop financial tools, with a focus on entrepreneurship and expanding support systems for startups, aiming for sustainable growth that improves living standards and enhances competitiveness across various sectors.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)