Egypt

Al -Mashat: An executive regulation of the Planning Law .. and the IMF reduced its expectations for global growth

Dr. Rania Al -Mashat, Minister of Planning, Economic Development and International Cooperation, continued to review the economic and social development plan for the next fiscal year, before the qualitative committees in the House of Representatives, where she held a meeting with the members of the Budget Plan Committee, headed And the world ."RTL" flog ="AR-SA"> at the beginning, Dr. Rania Al -Mashat touched on the agreement between the United States of America and China, on customs definitions, describing the agreement as a positive matter that can reduce global economic tensions, uncertainty, and negative impact on growth Global ."RTL" flog ="AR-SA"> added & laquo; Inflation in America has reached 6.7% and is the highest rate since the eighties, which can affect the move towards the cash facilitation by the federal The American ."RTL" flog ="AR-SA"> stated that the economic and social development plan monitored these developments to know the potential impact of global developments on economic growth expectations, pointing out that the International Monetary Fund has restored its expectations for economic growth during the past spring meetings in Washington, to reduce it by about 0.5% and about 1.5% in the case of different scenarios if commercial tensions are continuing or expanded at a level World ."RTL" flog ="AR-SA"> and said that despite the reduction in the economic growth of many countries in the different regions of the world, by the World Bank and the International Monetary Fund, the two institutions expected Egypt’s economic growth to rise, in light of the continuation of public financial control plans and reforms that enhance the stability of the economy. Kidney ."RTL" flog ="AR-SA"> and presented & laquo; The executive regulations of the General Planning Law, in line with the new vision of the Ministry of Planning, Economic Development and International Cooperation . Dir ="RTL" flog ="AR-SA": And the performance ."RTL" flog ="AR-SA"> and continued that the next fiscal year plan has been prepared according to the current planning tools, but with the start of preparing the medium -term plan, the maximum benefit will be achieved from The two laws ."RTL" flog ="AR-SA"> and touched on funding for development, whether through the sixth chapter of the budget, or the soft development financing from abroad, noting that the ministry aims to support the state’s efforts to become the private sector is the main driver of development in Country ."RTL" flog ="AR-SA"> noted that many development projects that started to bear fruit at the present time funded from soft development funds, for example the silo of the West Port Said port, which was opened recently, the foundation stone was laid in 2021 with a funding funding, and that the Nirk trains manufacturing project is funded by the Korean side with a funding funding for manufacturing to manufacture 320 train carriages for the second and third lines of the Greater Cairo Tunnel Metro Dir ="RTL" flog ="AR-SA": Various ministries to launch them next June ."RTL" flog ="AR-SA"> and moved to talk about structural reforms and intense coordination with the European Union in order to obtain the second stage of the macroeconomic support mechanism and support the budget at a value of 4 billion Euro ."RTL" flog ="AR-SA": For seven main sectors: health, education, social protection, water and sanitation, transportation, change of crime, and empowerment Women ."RTL" flog ="AR-SA"> noting that the plan of 25/2026 was prepared in accordance with an integrated methodology that the Ministry recently set to prepare the plan, starts from basic foundations starting from the targets and initiatives of Egypt Vision 2030, and in a manner consistent and integrates with the government work program (24/2025-26/2027), strategies and granted and sectoral plans, and within the framework The active application of efforts to stimulate the role of the private sector in sustainable development in its three economic, social and environmental dimensions to activate a royal policy document Country ."RTL" flog ="AR-SA"> indicated & quot; Al -Mashat & quot; & nbsp; The government is continuing to implement the procedures for governance governance, with the aim of directing public investments for priority projects that support the state’s efforts in achieving sustainable development according to a comprehensive development perspective, explaining that the ceiling of public investments in the next fiscal year is about 1.158 trillion pounds, stressing that the ministry is working to apply the ceiling accurately and follow the ministries in implementation to ensure the implementation of the projects listed in Plan ."RTL" flog ="AR-SA"> and reviewed the components of the GDP for the first and second quarter of the current fiscal year, which rose to record 3.5% and 4.3%, with strong support from non -petroleum manufacturing industries, communications and information technology, and tourism that is expected to record the largest number of tourists by the end of the current fiscal year, explaining that when we look at these developments, we see that they have been achieved after Economic correction procedures that have been implemented since March 2024 ."RTL"> also pointed to positive developments in terms of transfers of Egyptians abroad, which recorded more than 32 billion dollars in 11 months, expected that the local product will reach the current prices at the end of the next fiscal year for about 20.4 trillion pounds compared to about 17.2 trillion pounds by the end of the fiscal year The current."RTL"> .

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