Following the completion of the preparation of the Financial and Social Improvement Plan for the upcoming fiscal 12 months 2025/2026, and the presentation of the plan assertion earlier than the Home of Representatives, H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Financial Improvement and Worldwide Cooperation, held an expanded assembly with the Ministry’s leaders, from varied departments and related entities, to comply with up on the workflow and focus on the priorities for the subsequent part.
Originally of the assembly, H.E. Dr. Rania Al-Mashat expressed gratitude to all departments throughout the Ministry for the efforts in the course of the previous interval, which have been characterised by intensive and diligent work that contributed to the completion and launch of a number of studies and public platforms, together with the Ministry’s Annual Report for 2024, Egypt’s Built-in Nationwide Financing for Improvement Technique, the 2nd Progress Report of the Nation Platform for the “NWFE” program, the Monitoring and Analysis Handbook with the United Nations, in addition to the second part of the “HAFIZ” Hub for Advisory, Finance and Funding for Enterprises, studies on localizing Sustainable Improvement Objectives, and Citizen Price range Plans.
The Minister of Planning, Financial Improvement and Worldwide Cooperation emphasised that, along with the current efforts, the approaching interval requires us to exert extra effort and steady work in mild of the implementation of the federal government’s program priorities and Egypt’s Imaginative and prescient 2030, to consolidate macroeconomic stability, protect growth positive aspects, and advance Egypt’s growth path amidst successive regional challenges and worldwide repercussions.
H.E. Minister Al-Mashat careworn the important stage that the Egyptian economic system goes via, and that regardless of the continued challenges, the financial and structural reform measures, that have been carried out beginning March 2024, have improved the Egyptian economic system’s capability to face up to and adapt to modifications, and even transfer ahead in reaping the advantages of growth.
H.E. Dr. Al-Mashat gave directives to right away begin discussions with ministries and related entities to start getting ready the medium-term financial and social growth plan, ranging from the fiscal 12 months 2026/2027, which is scheduled to be the primary medium-term plan in accordance with the Unified Planning Regulation. Will probably be carried out in session, coordination, and cooperation with all ministries, public our bodies, governorates, the personal sector, and civil society, affirming the participatory method that the state follows in growth efforts, and throughout the framework of dedication to the implementation of the Public Planning Regulation No. 18 of 2022, and the Unified Public Finance Regulation No. (6) of 2022.
H.E. Minister Al-Mashat identified that the Ministry continues its pivotal position in implementing the nationwide program for structural reforms with a view to empower the personal sector and create house for extra native and international investments to realize sustainable financial development. She additionally pointed to directing all elements of help to the Ministry’s digital transformation efforts for enhancing the optimum use of information and knowledge in formulating evidence-based insurance policies.
Distributed by APO Group on behalf of Ministry of Planning, Financial Improvement, and Worldwide Cooperation – Egypt.