Our National Narrative for Economic Development under the spotlight: Before joining us on stage later this morning, Planning Minister Rania Al Mashat joined El Hekaya’s Amr Adib last night to discuss the government’s National Narrative for Economic Development (watch, runtime: 5:37).

A greener energy mix ahead: Al Mashat said Egypt wants to see renewables and alternative energy make up 42% of its energy mix, including 12% from nuclear power generated by the Dabaa plant. “Alternative energy sources are being utilized by the private sector,” she said, adding that since the launch of the NWFE initiative, companies operating in clean energy have secured more than USD 5 bn in financing.

Managing expectations is key: Al Mashat said one of the most important aspects of economic policy is managing expectations, which is reflected in the clearly defined plans within the national narrative. She added that ongoing structural reforms, clearer policies, stronger competitiveness, and sectoral support will help Egypt reach its goal of boosting exports to USD 145 bn by 2030 (watch, runtime: 4:55).

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