Egypt's Cabinet to present document on strategic directions of economy during Sisi's third term for national discussions

Egypt’s Cabinet has announced issuing a research project that includes the proposed strategic orientations for the Egyptian economy during the third presidential term of President Abdel Fattah El-Sisi, spanning 2024 to 2030.

The document includes 8 proposed strategic orientations based on the consensus of experts in several key areas and the ambitious national targets for the year 2030, the Cabinet said in a statement on Sunday.

The document, prepared by the Cabinets Information and Decision Support Center (IDSC), outlines and defines the priorities for policy actions regarding the Egyptian economy until 2030. This includes the overall economic directions or sectoral and social directions supporting the renaissance of the Egyptian state.

Prime Minister Mostafa Madbouli noted that the project comes amid the ongoing conflicts and wars endured by the world, especially the Middle East, as well as the preceding crisis of the pandemic.

The comprehensive research project has been prepared for a group of economic orientations for the upcoming stage, taking into account the variables of global circumstances and sustainable development trends, stated Madbouli.

He stressed the government’s keenness to involve experts and specialists in shaping public policies to leverage their expertise in all sectors and specializations.

The document includes policies aimed at establishing the foundations of an economic renaissance based on enhancing local production capabilities and increasing the resilience of the Egyptian economy in the face of crises.