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2026-10-23T10:37:18.000Z

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Egypt's economic development plans for 2030

Egypt's economic development plans for 2030

Egypt's 2030 Plan aims to increase the economic growth rate to 6.8%, reduce inflation to 7%, and lower the unemployment rate to 5.5%. The national economic transformation program focuses on improving the quality of growth through 185 measures, targeting five influential sectors: agriculture, manufacturing industries, communications and information technology, tourism, and energy. These sectors contribute approximately 40% of the Gross Domestic Product (GDP). The program also places great importance on the private sector, which accounts for 80% of the output and employs 83% of the workforce, with plans to strengthen financial partnerships and improve the business environment. An interactive project map will be launched to enhance the vision of development project management, and efforts are underway to restructure the National Investment Bank to maximize its financial and investment role.

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