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2026-11-09T11:30:54.000Z

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Egypt's Growth Disconnect

Egypt's Growth Disconnect

Economist Al-Sheniti stressed that growth in Egypt’s economy does not automatically improve citizens’ living standards unless it is accompanied by job creation, control of inflation, and reductions in poverty and income inequality. He said Egypt needs annual growth of between 6% and 8% over many years, supported by stable economic policies and productive investment—particularly in industry and exports—and by a balance between the roles of the state and the private sector. He also emphasized linking reforms to social protection programs, concluding that the economy’s success should be measured by its ability to improve people’s lives and protect their incomes, not by growth rates alone.

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