Minister of Planning Ahmed Rostom presented the FY 2026/27 economic plan to parliament, targeting growth of 5.2-5.4% and total investments of EGP 3.7trn, with private sector contributing the majority.
Rostom told the House of Representatives’ Plan and Budget Committee that private investments will account for EGP 2.2trn (59%) of the total, with public investments at EGP 1.5trn (41%). The economy recorded 5.3% growth in the first half of the current fiscal year.
Five sectors are projected to drive 64% of next year’s growth: manufacturing (29%), wholesale and retail trade (11.3%), tourism (9.3%), construction (7.2%), and agriculture (7%).
Allocations will rise 25% for health and population, 57% for the Ministry of Social Solidarity, and 11% each for education and higher education to support the Decent Life initiative and universal health insurance rollout.
Rostom cautioned that regional tensions could disrupt supply chains and inflate petroleum and food prices, and outlined plans to strengthen commodity reserves while accelerating the transition to renewable energy. These targets form part of the government’s medium-term framework aiming for growth of up to 6.8% by 2030.