Minister of Planning and International Cooperation: 4.5% targeted growth rate in the next fiscal year

The Minister of Planning, Economic Development and International Cooperation, Dr. Rania Al -Mashat, said that it is expected to reach 4.5% of a targeted growth rate in the next fiscal year with the ability to review and reduce it in the event of exacerbation of geopolitical tensions and commercial wars. . Al -Mashat pointed to the period of work on the plan for the new financial year, during which the world witnessed more turmoil and geopolitical tensions against the background of the continued repercussions of the Russian/Ukrainian war, Israeli attacks on the Palestinian territories, the increasing regional conflicts in the Middle East, and the large number of navigation threats in the Red Sea region, as well as the new American policies on the customs tariffs . & quot; The repercussions of international events lead us to apply the perpetratory planning approach, and the continuous follow -up and review of the plan’s targets according to the development of developments, pointing to the possibility of reviewing the rate of growth targeted in the plan, which is 4.5%, and reduced it if the global and regional geopolitical tensions are exacerbated and its repercussions on the Middle East region, and according to the estimates of the risk of negative effects The potential. The bilateral and multilateral framework, and in a manner that serves the state’s plans and programs and its development directions. Regional, and enhancing the state’s tendency to make room for the private sector’s participation in development efforts.

I reviewed & laquo; During her speech, the basic pillars of the targets of the new financial year plan, policies and government work programs, which include formulating a new methodology for preparing the project of the development plan document for the year 25/2026, it takes into account that the preparation of the year plan is within the framework of the average term budget (25/2026-28/2029), which includes the budget year and three years later, in order to unify the time extent of the plan from the perspective of the Ministry of Planning and Development Economic, International Cooperation and the Ministry of Finance, and that the balanced framework is prepared by consultation, coordination and cooperation with all ministries and public bodies, governorates, the private sector and the civil society, in confirmation of the applauding approach that the state follows in development efforts and in the context of commitment to the application of the General Planning Law No. 18 of 2022, and the Unit Financial Law No. (6) of 2022 And its executive regulations. And the sectarian, and within the framework of the effective application of efforts to stimulate the role of the private sector in sustainable development in order to activate the document of state ownership policy, noting the follow -up of the evolving planning tools that the Ministry has created to raise the efficiency of public investment and follow -up international funds and public investments, follow -up and evaluate performance, coordination and cooperation with the relevant ministries and bodies to improve the quality of development plans By supplying all support agencies with a guide to preparing the plan, which decides the criteria for selecting projects, criteria for conducting and evaluating economic feasibility studies and standards of public investment evaluation for each support entity, and the mechanisms of transformation from focusing on the quality of projects to the quality of policies, in addition to the ministry providing spatial information supporting the planning process through the system of spatial information structure.

and emphasized Dr. Rania Al -Mashat, this comprehensive development approach to preparing the plan facilitates the effective involvement of each ministry & ndash; The & ndash; In carrying out its responsibilities and the tasks assigned to it, whether in preparing, implementing the plan, or following it, as each Ministry has become a determination of the role assigned to it to comply with Egypt’s Vision 2030 and the government’s work program and the relevant sectoral and capable strategies, analyzing the current situation of the investment plan projects and directing public investments for projects with priority supportive of sustainable development in accordance with For a declared vision of these priorities and the related policies and procedures, as well as studying and following up the presidential assignments, national projects and protocols under the relevant implementation of each ministry, analysis of the mechanisms of implementation that each ministry relies on to achieve its relevant development targets, and identify the performance indicators gap for each work mechanism, in addition to providing a set of planning tools that can be quantum measuring measuring tools Which helps each ministry to evaluate performance and improve the quality of the planning process

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