Egypt’s government aims for economic growth of 4.8% to 5.2% in fiscal year 2026/27, with plans to reach 6.2% to 6.8% by 2029/30, according to Planning Minister Ahmed Rostom.
Planning and Economic Development Minister Ahmed Rostom outlined the targets during a Senate plenary session on June 9. The session was chaired by Deputy Speaker Essam El-Din Farid and attended by Minister of Parliamentary Affairs Hani Hanna Azer. Rostom described the plan as a dynamic framework that uses general equilibrium models to address risks from regional instability and global volatility. The medium-term strategy includes structural reforms to improve public investment efficiency. These cover performance monitoring systems, limits on advance payments, and a digital platform linking the Ministries of Finance and Planning. Allocations for health, education, scientific research, and Al-Azhar will rise between 11% and 27.6%. Additional measures involve expanding the national health insurance system to six more governorates, benefiting over 12 million people, and allocating EGP 600 million for 367 rural projects. The first phase of the Decent Life initiative has reached over 91% completion.