Madbouly stressed the importance of all government bodies adhering to the financial ceiling set for total public investments, in line with Prime Ministerial Decrees No. 739 of 2024 and No. 2047 of 2025, which established a committee for public investment governance and set a financial ceiling for state investments.
Dr. Al-Mashat emphasized that investment governance has
become a key tool to address economic challenges, including curbing inflation,
reducing debt levels, and encouraging private sector participation.
She presented a report outlining public investment
governance measures during the 2024/2025 fiscal year, noting that companies
covered by Decree No. 739 of 2024 were identified, with investment data
compiled for the 2024/2025 budgets of all state-owned companies—whether fully
owned by the government, affiliated with ministries and public institutions, or
those in which the state holds more than 50% of the capital.
The Minister added that an “Office Monitoring Component for
Public Companies” has been integrated into the comprehensive planning and
follow-up system, enabling company representatives to input and review both
targeted and executed investment data.
She further noted that the ministry organized a training
program for relevant stakeholders on entering investment data into the system,
ensuring a clear and precise definition of implemented public investments.
Dr. Al-Mashat explained that the ministry continuously
verifies data with relevant authorities and updates corporate structures on a
regular basis. She stressed that the governance framework has enabled the
ministry to play an effective role in compiling state-owned companies’
investment data, thereby ensuring more accurate figures for public investments.
This, she added, has positively contributed to managing the expenditure
component of GDP, which reflects public and private investments as well as
government spending.