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The Egyptian government aims to achieve an economic growth rate of 7.5% by 2030<\/strong>, with a strong focus on the quality of growth<\/strong> to directly improve citizens\u2019 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<\/strong>.<\/p>\n The Minister of Planning, Economic Development, and International Cooperation announced the completion of the second edition of the National Narrative<\/strong> 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.<\/p>\n She explained that the work on the narrative followed a declared timeline since September 7, 2025<\/strong>, after conducting an extensive societal dialogue<\/strong> that included organized working groups and interactive discussions, with the participation of more than 100 experts, thinkers, and specialists<\/strong>, as well as think tanks, research centers, universities, business communities, and international organizations.<\/p>\n According to the Minister of Planning, the National Narrative aims to increase the contribution of total private investments to 72% by 2030<\/strong>, establishing an economic growth model led by the private sector<\/strong>, enhancing economic efficiency and resilience, and supporting the creation of sustainable job opportunities.<\/p>\n The National Narrative outlines several ambitious sectoral targets, most notably:<\/p>\n Increasing the contribution of petroleum and non-petroleum manufacturing industries<\/strong> to 20% of GDP by 2030<\/strong>.<\/p>\n<\/li>\n Raising the contribution of the agricultural sector<\/strong> to 17.7% of GDP by 2030<\/strong>.<\/p>\n<\/li>\n Increasing the number of tourists to 30 million by 2030<\/strong>, supporting tourism as a key driver of economic growth.<\/p>\n<\/li>\n<\/ol>\n Regarding the financing of the National Narrative\u2019s targets, the Minister of Planning emphasized that the Integrated National Financing Framework for Development<\/strong> serves as the main umbrella for mobilizing local and international resources. She noted that the narrative seeks to link development performance with financial performance<\/strong> in line with the program-based budgeting and performance methodology<\/strong>, enhancing the efficiency and effectiveness of implemented plans.<\/p>\n The second edition of the National Narrative includes a core pillar focused on human development<\/strong>, in light of the outcomes of the Global Conference on Health, Population, and Human Development<\/strong>, aiming to achieve a comprehensive economic transformation that positively impacts the quality of life of Egyptian citizens<\/strong>.<\/p>\n The National Narrative includes several strategic pillars, most notably:<\/p>\n Macroeconomic stability<\/p>\n<\/li>\n Industrial development and investment<\/p>\n<\/li>\n The Suez Canal Economic Zone<\/p>\n<\/li>\n Non-banking financial sector<\/p>\n<\/li>\n Foreign trade and sectoral outlook<\/p>\n<\/li>\n Green transformation and labor market efficiency and flexibility<\/p>\n<\/li>\n Spatial planning and localization of economic development<\/p>\n<\/li>\n International cooperation and partnerships<\/p>\n<\/li>\n The National Structural Reform Program<\/p>\n<\/li>\n Quantitative targets and the executive program<\/p>\n<\/li>\n<\/ol>\n The National Narrative represents the overarching framework for comprehensive development, ensuring integration between Egypt Vision 2030<\/strong> and updated sectoral strategies, in light of rapid regional and global developments. It focuses on high-productivity sectors<\/strong> with greater capacity to access export markets, leveraging the advanced infrastructure achievements<\/strong> realized in recent years.<\/p>\n The National Narrative works to redefine the role of the state in the economy<\/strong>, enhancing the competitiveness of the Egyptian economy<\/strong> and encouraging greater private sector participation<\/strong>, as part of the ongoing economic reform path and efforts to reinforce macroeconomic stability.<\/p>\n
\nThe National Narrative for Economic and Social Development<\/strong><\/h3>\n
\nStrengthening the Role of the Private Sector in Driving Economic Growth<\/strong><\/h3>\n
\nKey Targets for Productive Sectors<\/strong><\/h3>\n
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\nDevelopment Financing and Linking Financial Performance to Development Outcomes<\/strong><\/h3>\n
\nHuman Development and Improving Quality of Life<\/strong><\/h3>\n
\nKey Pillars of the National Narrative for Comprehensive Development<\/strong><\/h3>\n
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\nIntegration with Egypt Vision 2030 and Economic Reform<\/strong><\/h3>\n
\nRedefining the Role of the State and Enhancing Competitiveness<\/strong><\/h3>\n
\nA Strategic Opportunity for Local Manufacturing and Export<\/strong><\/h3>\n