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بوابة الشروق
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Main Pillars of National Economic Shift
The Minister of Planning and Economic Development, Ahmed Rustom, revealed the outlines of the National Economic Transformation Program, which aims to enhance financial stability, strengthen the private sector, and improve citizens' quality of life from 2027 to 2030. The program includes 185 key measures, among them 20 legislative reforms and 25 institutional reforms. Its goals are to raise the growth rate from 5.1% to 6.8%, reduce inflation to 7%, and lower the unemployment rate to 5.5%. The focus is on sectors such as agriculture, manufacturing, information technology, tourism, and energy, which together contribute approximately 40% of the gross domestic product and provide 40% of jobs. The plan also projects attracting investments worth $3.1 billion in the first half of 2025/2026. Funding mechanisms rely on sound expenditure governance and partnerships with the private sector, which accounts for 80% of the GDP and employs 83% of the workforce. The program includes launching an interactive development map and emphasizes improving people's lives, creating jobs, and providing better services for citizens.
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