نمو الاقتصاد المصري بنسبة 7.5% بحلول 2030

Egypt Targets 7.5% Economic Growth by 2030

The Egyptian government aims to achieve an economic growth rate of 7.5% by 2030, with a strong focus on the quality of growth to directly improve citizens’ living standards. This comes within the framework of the second edition of the National Narrative for Economic and Social Development: Policies Supporting Growth and Employment.

The National Narrative for Economic and Social Development

The Minister of Planning, Economic Development, and International Cooperation announced the completion of the second edition of the National Narrative during a Cabinet meeting, confirming that it was prepared in coordination with various ministries and relevant entities, under the direct supervision of the Prime Minister.

She explained that the work on the narrative followed a declared timeline since September 7, 2025, after conducting an extensive societal dialogue that included organized working groups and interactive discussions, with the participation of more than 100 experts, thinkers, and specialists, as well as think tanks, research centers, universities, business communities, and international organizations.

Strengthening the Role of the Private Sector in Driving Economic Growth

According to the Minister of Planning, the National Narrative aims to increase the contribution of total private investments to 72% by 2030, establishing an economic growth model led by the private sector, enhancing economic efficiency and resilience, and supporting the creation of sustainable job opportunities.

Key Targets for Productive Sectors

The National Narrative outlines several ambitious sectoral targets, most notably:

1. Increasing the contribution of petroleum and non-petroleum manufacturing industries to 20% of GDP by 2030.

2. Raising the contribution of the agricultural sector to 17.7% of GDP by 2030.

3. Increasing the number of tourists to 30 million by 2030, supporting tourism as a key driver of economic growth.

Development Financing and Linking Financial Performance to Development Outcomes

Regarding the financing of the National Narrative’s targets, the Minister of Planning emphasized that the Integrated National Financing Framework for Development serves as the main umbrella for mobilizing local and international resources. She noted that the narrative seeks to link development performance with financial performance in line with the program-based budgeting and performance methodology, enhancing the efficiency and effectiveness of implemented plans.

Human Development and Improving Quality of Life

The second edition of the National Narrative includes a core pillar focused on human development, in light of the outcomes of the Global Conference on Health, Population, and Human Development, aiming to achieve a comprehensive economic transformation that positively impacts the quality of life of Egyptian citizens.

Key Pillars of the National Narrative for Comprehensive Development

The National Narrative includes several strategic pillars, most notably:

1. Macroeconomic stability

2. Industrial development and investment

3. The Suez Canal Economic Zone

4. Non-banking financial sector

5. Foreign trade and sectoral outlook

6. Green transformation and labor market efficiency and flexibility

7. Spatial planning and localization of economic development

8. International cooperation and partnerships

9. The National Structural Reform Program

10. Quantitative targets and the executive program

Integration with Egypt Vision 2030 and Economic Reform

The National Narrative represents the overarching framework for comprehensive development, ensuring integration between Egypt Vision 2030 and updated sectoral strategies, in light of rapid regional and global developments. It focuses on high-productivity sectors with greater capacity to access export markets, leveraging the advanced infrastructure achievements realized in recent years.

Redefining the Role of the State and Enhancing Competitiveness

The National Narrative works to redefine the role of the state in the economy, enhancing the competitiveness of the Egyptian economy and encouraging greater private sector participation, as part of the ongoing economic reform path and efforts to reinforce macroeconomic stability.

A Strategic Opportunity for Local Manufacturing and Export

A significant opportunity is now available for local manufacturing and export-oriented investment.
Contact us today and speak with one of our company’s consultants to explore available opportunities.