Parliament Approves Egypt’s 2026/27 Plan Targeting EGP 24.5trn GDP - Dailynewsegypt

Parliament approves Egypt’s 2026/27 plan targeting EGP 24.5trn GDP - Dailynewsegypt

Egypt’s parliament has granted final approval to the economic and social development plan for the 2026/27 fiscal year (FY), which targets a gross domestic product (GDP) of EGP 24.5trn, Minister of Planning and Economic Development Ahmad Rostom announced. The House of Representatives, chaired by Speaker Hesham Badawi, also passed the state budget for the same FY alongside the medium-term plan spanning 2029/30. Rostom addressed the legislature fol…

Parliament approves Egypt’s 2026/2027 development plan

Egypt’s House of Representatives has given final approval to the country’s economic and social development plan for fiscal year 2026/2027, alongside the state budget and medium-term framework through 2029/2030. Planning and Economic Development Minister Ahmed Rostom said the plan prioritizes improving public services and aims to raise Egypt’s GDP to 24.5 trillion pounds. He stressed strict monitoring of every pound spent, with digital links to t…