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Public investments set at EGP 1.16 trillion in 2025/2026 plan

Businessmen Team news 17 June 2025 10:18 PM
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Public investments set at EGP 1.16 trillion in 2025/2026 plan

The House of Representatives, in its general session held today, Tuesday, headed by the consultant, Dr. Hanafi Jabali, approved the project of the Economic and Social Development Plan for the fiscal year 2025-2026, in the presence of Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation.

Dr. Al-Mashat expressed her constant keenness and pride in being present at the House of Representatives, emphasizing the values of cooperation and partnership with the Parliament in serving Egypt’s interests. She extended her sincere appreciation to the members of the House following the approval of the development plan, thanking them for their continued support of the government’s efforts through serious discussions and valuable remarks on the 2025/2026 economic and social development plan document.

She stated that the plan was prepared under sensitive conditions, but the situation has become more complicated due to rapid regional developments that heighten uncertainty. This calls for a flexible planning approach and ongoing monitoring of the plan’s goals based on changing circumstances. She emphasized the government's commitment to following the situation closely, with the possibility of reviewing indicators if the situation persists or worsens.

It is worth noting that the plan aims to achieve an economic growth rate in the range of 4.5%, which represents a relatively high rate compared to the modest rate that recorded 2.4% in 23-2024 as targeting that rate reflects a direction to continue recovery for the economy, while taking care to follow up on the repercussions of geopolitical and economic developments in the Middle East region and the world, and what it imposes from a lack of Certainty. Preliminary indicators of the first nine months of the current fiscal year 2024/2025 indicate the improvement of economic growth rates.

Public investments are estimated at EGP 1.16 trillion in the 2025/2026 development plan, compared to an expected EGP 1 trillion in 2024/2025. This reflects efforts to rationalize public spending, reduce the burden of servicing domestic and external debt, and create more space for increased participation by the local private sector in development efforts. As a result, priority will be given to projects with high implementation rates. Private investments are projected to rise to approximately EGP 1.94 trillion, representing around 63% of total investments, compared to 37% for public investments.