Politics
Egypt Unveils National Economic Transformation Program for 2027–2030
October 23, 2026 at 02:57 PM
Coverage
5 reports · over 4 hours
Egypt has presented its National Economic Transformation Program for 2027–2030, setting targets for higher growth, lower inflation, and expanded private-sector participation at the Egypt Forum 2026.
- Prime Minister Mostafa Madbouly stated the program will run from 2027 to 2030, targeting 6.8% economic growth and 20% investment-to-GDP by fiscal year 2029–2030.
- Central Bank Governor Hassan Abdallah said the bank targets lowering inflation to 7% during 2027, describing the flexible exchange rate as the economy's first line of defense.
- Planning Minister Ahmed Rostom said the program comprises four axes, 40 targets, and 185 measures, evaluated through 150 performance indicators.
- Rostom said unemployment is targeted to fall to 5.5% and named agriculture, manufacturing, ICT, tourism, and energy as five priority sectors.
- Madbouly said Egypt's economy grew 5.1% last fiscal year, compared with 2.9% in 2013–2014.
- Madbouly announced that foreign direct investment reached $18 billion during the past fiscal year.
- Madbouly said the final program with the International Monetary Fund will conclude by the end of December.




