{"id":671445,"date":"2025-09-08T00:00:00","date_gmt":"2025-09-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/08\/planning-ministry-unveils-the-national-narrative-for-economic-development\/"},"modified":"2025-09-08T00:00:00","modified_gmt":"2025-09-08T00:00:00","slug":"planning-ministry-unveils-the-national-narrative-for-economic-development","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/08\/planning-ministry-unveils-the-national-narrative-for-economic-development\/","title":{"rendered":"Planning Ministry unveils the National Narrative for Economic Development"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>What\u2019s the government\u2019s vision for the economy through 2030?<\/strong> The Planning Ministry yesterday launched the National Narrative for Economic Development, laying out a roadmap to sustain reforms and push the economy toward trade- and export-led growth, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02BF5GRMJcfquQKGfDKVj99SMDFAWpKttxhhk2LZHfZUaCVmnEUhZUstEaUY1QKBkMl\" style=\"\" rel=\"noopener\">statement<\/a>. Planning Minister Rania Al Mashat described the narrative \u2014 launched under the theme \u2018Policies Supporting Growth and Employment\u2019 \u2014 as \u201can integrated framework that achieves coherence between the government\u2019s work program and Egypt Vision 2030.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TL;DR: <\/strong>\u201cThe narrative is about the government\u2019s vision, sectoral strategies, and how they are tied to quantitative targets. Traditionally, economic reform programs have been financial and monetary focused. What we discussed today goes deeper: it\u2019s a real economic program,\u201d Al Mashat told EnterpriseAM. \u201cOur FDI strategy is directly linked to our industrial strategy, to job creation, and also to fiscal policy. Without macroeconomic stability, none of this would be possible,\u201d she contiuned, adding that we can expect the growth result for 4Q 2024-2025 later this month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The five-year vision prioritizes manufacturing, tourism, agriculture, energy, and ICT<\/strong>, while positioning the state as regulator and enabler. It also builds on Egypt\u2019s structural reform program with a focus on three main pillars: macroeconomic stability, enhancing competitiveness and business climate, and supporting the green transition.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How will the state step back?<\/strong> The government is <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0KhRoFKKkeBGPtAcNRwFCeqJkwZaHnG3r4Nzc7r5ezicY9LuoNSNkAZN5pFkP48HLl\" style=\"\" rel=\"noopener\">tying<\/a> its broader reform goals to concrete tools. The State Ownership Policy sets the boundaries of where the state remains involved and where the private sector should take over, either through partnerships or exits. To carry this out we have two dedicated cabinet units and the Sovereign Fund of Egypt. Alongside this, 59 of 63 economic authorities in the country are under review for restructuring, merger, or liquidation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The National Narrative sets out <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02D1qje4WYGG46d3LrabXcBCAJPnnEZwngUcjYzspGJBf49Zd2N1dPg3UdudZCZEbcl\" style=\"\" rel=\"noopener\">clear quantitative goals<\/a><\/strong><strong> through 2030:<\/strong> Growth is targeted to rise to 7%, compared to the 4.5% projected for the current fiscal year. Total investments are expected to reach 18% of GDP by 2030, up from 15.2% this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Private sector participation to increase significantly under the plan:<\/strong> Private investments are expected to account for 66% of total investments and make up 11.9% of GDP by 2030. As for public investment, green projects are projected to make up 70-75% of all public investments, by 2030, compared to 50% in the current fiscal year. The narrative also targets stronger job creation, with the economy projected to generate 1.5 mn jobs a year by 2030, up from 900k this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As for debt: <\/strong>The government wants to take debt to \u201cthe lowest level ever seen in the country\u2019s history\u201d during the period of the plan, Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1332535868916830?ref=embed_post\" style=\"\" rel=\"noopener\">said<\/a>. He also highlighted the government\u2019s commitment to sustain 20% annual export growth over the next five years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It was a full house for the launch event<\/strong>, with Investment Minister Hassan El Khatib, Finance Minister Ahmed Kouchouk, Oil Minister Karim Badawi, Industry Minister Kamel El Wazir, and more in attendance. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kouchouk touched on the outcome of last fiscal year\u2019s tax reforms: <\/strong>\u201cTax revenues grew 35% last fiscal year \u2014 more than EGP 600 bn \u2014 without the introduction of any new taxes, tax hikes, or additional burdens on citizens or investors,\u201d he said, adding that this marks \u201can exceptional figure we haven\u2019t seen since 2005.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And more to come: <\/strong>The long-anticipated package of real estate tax relief will be announced \u201cvery soon,\u201d he said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Mashat made the rounds <\/strong><strong>last night to walk the nation\u2019s talking heads through the ins <\/strong><strong>and outs of the five-year plan. <\/strong>She virtually joined Al Hekaya\u2019s Amr Adib (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/watch\/?v=1970681997066598\" style=\"\" rel=\"noopener\">watch, runtime: 16:01<\/a>) and Ala Masouleety\u2019s Ahmed Moussa (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=UtOZG0gZkmg\" style=\"\" rel=\"noopener\">watch, runtime: 2:15<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next?<\/strong> The narrative will be open for public consultation and community dialogue over the next few months. The final version of the narrative will be released in December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The full narrative will be available online on the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/mped.gov.eg\/NationalNarrative\" style=\"\" rel=\"noopener\">Planning Ministry\u2019s website<\/a><\/strong><strong> on 14 September.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The narrative was launched under the theme \u2018Policies Supporting Growth and Employment\u2019<\/p>\n","protected":false},"author":1,"featured_media":671446,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[104,72,281,100,223],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam","tag-moustafa-madbouly","tag-policy","tag-rania-al-mashat","wpautop","entry"],"acf":{"mongo_id":"b549028d-7b53-4c09-852e-010679347ad5","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/382.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Inside 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under the spotlight: Before joining us on stage later this morning, Planning Minister Rania Al Mashat joined El Hekaya\u2019s Amr Adib last night to discuss the government\u2019s National Narrative for Economic Development (watch, runtime: 5:37).A greener energy mix ahead: Al Mashat said Egypt wants\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/357.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674145,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/23\/keynote-interview-with-dr-rania-al-mashat-a-new-economic-narrative\/","url_meta":{"origin":671445,"position":1},"title":"Keynote interview with Dr. Rania Al Mashat: A new economic narrative","author":"enterpriseam admin","date":"23 October 2025","format":false,"excerpt":"At this year\u2019s EnterpriseAM Egypt Forum \u2014 we sat down for a keynote interview with Dr. Rania Al Mashat, the Minister of Planning, Economic Development, and International Cooperation to unpack Egypt's new economic game plan. The minister detailed the strategy to anchor expectations and propel the private sector into the\u2026","rel":"","context":"In &quot;PANEL DISCUSSION&quot;","block_context":{"text":"PANEL DISCUSSION","link":"https:\/\/enterpriseam.com\/egypt\/category\/panel-discussion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/1189.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566530,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/rania-al-mashat-explains-egypts-economic-diplomacy-framework\/","url_meta":{"origin":671445,"position":2},"title":"Rania Al Mashat Explains: Egypt\u2019s economic diplomacy framework","author":"enterpriseam admin","date":"24 June 2021","format":false,"excerpt":"How Egypt\u2019s economic diplomacy fostered multilateralism and international cooperation: In 2020, the International Cooperation Ministry marshaled USD 9.8 bn in finance development projects, with USD 6.7 bn allocated to government projects and USD 3.1 bn going to support the private sector. Next week, International Cooperation Minister Rania Al Mashat will\u2026","rel":"","context":"In &quot;SPEED ROUND: DIPLOMACY&quot;","block_context":{"text":"SPEED ROUND: DIPLOMACY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/583.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572823,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/enterprise-after-hours-episode-1-a-conversation-with-rania-al-mashat\/","url_meta":{"origin":671445,"position":3},"title":"Enterprise After Hours Episode #1 \u2014 A conversation with Rania Al Mashat","author":"enterpriseam admin","date":"9 July 2020","format":false,"excerpt":"Enterprise After Hours Episode #1 \u2014 A conversation with Rania Al Mashat: In trying times, it\u2019s natural to look to leaders for reassurance. We got that and more from the first guest of our new podcast series Enterprise After Hours: International Cooperation Minister Rania Al Mashat (Linkedin). A career economist,\u2026","rel":"","context":"In &quot;ENTERPRISE AFTER HOURS&quot;","block_context":{"text":"ENTERPRISE AFTER HOURS","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-after-hours\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/61.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572933,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/rania-al-mashat-on-her-career-covid-19-and-egypts-2030-vision-enterprise-after-hours-podcast\/","url_meta":{"origin":671445,"position":4},"title":"Rania Al Mashat on her career, covid-19, and Egypt\u2019s 2030 vision \u2014 Enterprise After Hours Podcast","author":"enterpriseam admin","date":"14 July 2020","format":false,"excerpt":"Enterprise After Hours, Episode 1: Rania Al Mashat: We sat down with International Cooperation Minister Rania Al Mashat to discuss her career from her days at the Central Bank of Egypt, to her crisis management years at the Tourism Ministry, through to her current stint at the International Cooperation Ministry.\u2026","rel":"","context":"In &quot;Worth Listening&quot;","block_context":{"text":"Worth Listening","link":"https:\/\/enterpriseam.com\/egypt\/category\/worth-listening\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/103.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561825,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/ebrd-has-lots-in-the-pipeline-for-egypt\/","url_meta":{"origin":671445,"position":5},"title":"EBRD has lots in the pipeline for Egypt","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Fresh investment and cooperation in Egypt\u2019s development projects are coming from the European Bank for Reconstruction and Development (EBRD) to continue supporting the government\u2019s Egypt Vision 2030. That was the main takeaway from EBRD President Odile Renaud-Basso\u2019s meeting yesterday with President Abdel Fattah El Sisi.Renaud Basso told El Sisi EBRD\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=671445"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671445\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671446"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671445"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671445"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}