Minister's Speech
The Egyptian state is going through a new phase of construction and development that has been taking place in light of a serious and bold vision since 2014, through which Egypt looks to the future by adopting a plan titled "Sustainable Development Strategy: Egypt Vision 2030". In this context, Egypt has taken rapid steps towards the implementation of the national program of economic and social reform, which began in 2016, with the liberalization of the exchange rate and structural reform measures of some vital sectors, mainly the energy sector, and the adoption of a package of legislative and institutional reforms, as well as the enormous efforts in infrastructure improvement and development with the aim of creating an enabling investment climate, which has achieved tangible success that has been praised by international institutions.
In this context, the Ministry of Planning and Economic Development (MPED) is playing a vital role in the development planning process of the Egyptian state through its short, medium and long-term sustainable development plans, achieving consistency between the implementation of sectoral strategies and plans and the development strategies and relevant laws, in addition to the preparation of the general manual of the development plan, examining the proposals of the administrative authorities on the preparation of the annual investment plan, evaluation of the proposed investment projects for each entity. The Ministry is working hard, in coordination with the concerned Egyptian authorities, to diversify the sources of funding for development plans and programs, promote and activate partnership mechanisms with the private sector, civil society and development partners in the process of developing and participating in national, regional and local plans.
The Ministry is also proud of its role in setting the overall objectives of the economic development of the Egyptian state, proposing implementation policies, participating in the formulation of development strategies in cooperation and coordination with concerned ministries and stakeholders, and develop and improve the structure of GDP and increase the competitiveness and productivity of the Egyptian economy.
In conclusion, I emphasize that Egypt has been facing enormous challenges during the past years posed by the variables of the stage that can be seen as a short story in the lives of peoples, although these few years require intensification of hard work, under a sincere and courageous leadership that believes in the capabilities of this great people and strives hard to meet their aspirations and face the challenges and variables with the tangible successes that we see every day on the ground. This is what motivates us to continue working with optimism and hope for a better future that lives up to the legacy of a people who make history, and who continues to offer humanity with the generous gift of its loyal sons at home and abroad.
