Al -Mashat: The new plan aims to increase the total investments to 3.5 trillion pounds for the first time
Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, reviewed the targets of the Economic and Social Development Plan for the fiscal year 2026/2025, during the plenary session of the Senate, which was held today- Sunday- headed by Counselor Abdel Wahab Abdel Razek, Speaker Al -Muqar"Ltr"> ."RTL"> & nbsp;
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During her speech, Dr. Rania Al -Mashat said that the 25/2026 plan aims to achieve an economic growth rate in the range of 4.5%, which is a relatively high rate compared to the modest rate that recorded 2.4% in 23/2024, and that targeting this rate reflects a trend to continue recovery from its repercussions, with At the same time, keenness to follow up on the repercussions of geopolitical and economic developments in the Middle East and the world, and the uncertainty that it imposes ."RTL"> & nbsp;
added that it is possible that the three economic growth sources (final consumption- investment & ndash; change the net exports) in a positive and balanced manner in achieving the average of the targeted growth of 4.5%as mentioned above, as final consumer spending contributes about 27%, investment spending by 37%, and net change in 36 %."RTL"> & nbsp;
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and on the level of investment part, I mentioned & laquo; 23/2024, its amount of 1.8 trillion pounds, indicates the state’s conviction of the role that the investment plays as an active basic engine for economic growth, in addition to the continuation of the investment average rate to register 17.1% of the domestic product in 25/2026, in exchange for lower rates in the previous two years (15% in 24/2025 and 13% in 23/2024), Noting that private investments are expected to reach about 1.94 trillion pounds, with a contribution rate of about 63% of the total, in exchange for 37% for public investments, in light of the state’s orientation to support efforts to accelerate the pace of private sector growth while confirming the principles of good governance and competitive neutrality ."RTL"> & nbsp;
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confirmed the commitment to the roof of the public investment of 1.16 trillion pounds in a plan in 25/2026, in exchange for expected investments in 24/2025 within the limits of a trillion pounds, in order to rationalize public spending, and to reduce the burdens of the debt resulting from the service of the internal and external public debt, and to make wider fields for private sector participation Local in development efforts ."RTL"> & nbsp;
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added & laquo; Planning, follow -up and performance evaluation fields ."RTL"> & nbsp;
Presidential Initiative & Laquo; a decent life & raquo;"RTL"> & nbsp;
The 25/2026 plan aims to continue to implement the second stage of the presidential initiative (a decent life). This stage covers 20 governorates with 52 centers and a total of 1667 villages inhabited by 21.3 million people, and the plan aims to direct 25 billion pounds to start implementing the second stage targets of the & quot; a decent life & quot; In the fields of drinking water and sanitation ."RTL"> & nbsp;
in the field of environmental improvement and a shift to the green economy, I explained & laquo; Environmental & quot;, according to those criteria, it is intended to increase the percentage of green investment projects included in the investment plan projects for the fiscal year in 25/2026 to about 55% of the total public investments compared to 50% in the current year & LDQUO; in 24/2025 & rdquo; Dir ="Ltr"> .
