Egyptian President Abdel Fattah Al-Sisi affirmed on Wednesday that the government will press ahead with fiscal reforms to safeguard economic stability and accelerate private sector growth, amid regional conflicts impacting markets and global supply chains.
Egyptian President Abdel Fattah Al-Sisi met on Wednesday with Prime Minister Mostafa Madbouly, joined by the ministers of finance and planning, to discuss economic reforms. According to a presidency statement, Al-Sisi emphasized sustaining economic activity in production, manufacturing, and exports through balanced, investment-friendly fiscal policies.
The meeting reviewed efforts to shape Egypt’s economic vision for the post-IMF programme phase, including a national plan to enhance competitiveness and achieve sustainable growth. It also covered accelerating the universal health insurance system and the “Decent Life” rural development initiative as key investment priorities.
Officials are monitoring the ongoing regional conflict's repercussions on global supply chains, trade flows, and commodity markets, while coordinating to ensure market stability and secure strategic reserves of essential goods.
Discussions included plans to support entrepreneurship and innovation by improving the business environment for startups and launching new employment initiatives. Al-Sisi stressed improving economic conditions to raise living standards, expand private sector participation, diversify development financing, and advance Egypt’s green economy transition.
