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Planning Minister Participates in IFC Day

Source: www.export-egypt.com 5/13/2024, Location: Africa

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Today, the private sector is no longer just an engine of growth, but a critical partner in achieving SDGs. Forward-thinking economies are recognizing the power of innovation to tackle challenges, and this is the type of collaborative and impactful private sector engagement that will truly empower a nation’s long-term success.

On this note, I participated in a great panel titled “Partnering for Impact: Empowering Sustainable Private Sector Development in Egypt” at the IFC Day in Egypt.

It was great to be joined by colleagues and Ministers on this panel. We discussed Egypt Vision 2030, particularly its recent update focused on developing a diversified knowledge society within a supportive and stimulating work environment.

Egypt’s commitment to a thriving private sector is evident through its Structural Reform agenda. And today, we are proud that the private sector’s contribution to investment has already reached 40% in the current fiscal year, with an ambitious target of 50% in the next and a share of employment increased to 80%.

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