Planning Ministry participates in IMF periodic meetings to assess the efficiency of public investment management.

Egypt’s Ministry of Planning and Economic Development participated recently in the periodic meetings held by the International Monetary Fund (IMF) with governments to set a guiding system for evaluating the efficiency of public investment management.



The meetings come in light of the consideration that the efficiency of public investment management in countries is one of the main factors that help to achieve economic growth, as economic growth is affected by the volume of public investments and the efficiency of their management.
During the meeting, the Planning ministry's representative Dr. Samir Hassan, the supervisor of the National Plan Preparation and Follow-up Sector, referred to the Egyptian state's preparation of medium and long-term strategies as well as annual sustainable development plans that address public investments at the sectoral, geographical, and national levels.


Samir stressed that these strategies are in harmony with both the medium-term budget framework and the state's annual budget.



Hassan added that the goal is to ensure that the fruits of development reach all parts of the country and the villages most in need that have been deprived of services for long periods. This is within the framework of The Decent Life (Hayah Karima) presidential initiative by adopting program and performance budgets.