Prime Minister Mostafa Madbouli
CAIRO - 15 March 2023: Prime Minister Moustafa Madbouli reviewed on Wednesday the outlines of 2023-2024 investment plan in the different domains, objectives of the National Project for Countryside Development and preparations for post-Cop27 investment plan.
This came in Madbouli's meeting with Planning and Economic Development Minister Hala el Saeed and other senior officials.
Saeed said the new investment plan focuses on top priority sectors in the social and economic reform program represented in the sectors of agriculture, industry and communications.
She said the plan pays more attention to digital transformation projects, as well as channeling industrial investments into import substitution projects to secure the needs of the national industry.
The plan also focuses on developing medium and small projects in order to expand labor market capacities, increasing investments directed to the education and health sectors and developing more environmentally friendly industries (the green economy).
Spokesman for the cabinet Nader Saad said the objectives of the investment plan for the year 2023-2024, were also tackled at the meeting, including targeted economic growth rate, gross domestic product, inflation rate, the volume of total investments and the unemployment rate.
He said the meeting also examined overall investment structure for the year 2023-2024.