Egypt's planning minister outlines 2026 economic shift to military envoys

Following her recent conference speech on reforms, Dr. Rania Al-Mashat, Egypt's Minister of Planning, Economic Development and International Cooperation, briefed newly appointed military attachés on the 2026 economic strategy, highlighting private sector-led growth, green energy, and over 5% GDP growth amid ongoing structural changes.

In an address to new military attachés, Al-Mashat shifted focus from defense to economic promotion, spotlighting textiles, tech hubs, and global trade dynamics. She noted 98% private ownership in tourism and industry, projecting >5% growth this year (targeting 7%) via an EGP 1tn public investment cap for 2024/2025, redirecting credit to private firms.

Under the National Structural Reform Programme—involving 40 entities and 430 measures—reforms span tax, trade, and labor. For 2025/2026, 48% of public investments target human development. Building on $9.5bn budget support and $17bn private financing since 2020 (including $5bn NWFE for green projects aiming 42% renewables by 2030), Egypt signed 65 new protocols in 2025. Peace initiatives by President El-Sisi and U.S. President Trump aid Suez Canal recovery (12% global trade), with IMF fifth/sixth reviews completed.

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