El-Sisi signs law approving Egypt’s new development plan

CAIRO – 19 July 2026: President Abdel Fattah El-Sisi has signed Law No. 78 of 2026, approving Egypt’s economic and social development plan for fiscal year 2026/2027.

The law sets out the plan’s main objectives, including raising total resources at current market prices to LE 31.23 trillion and increasing gross domestic product to LE 24.51 trillion.

The government is targeting real GDP growth of 5.4 percent, calculated at constant prices.

The plan also approves LE 3.78 trillion for the acquisition of non-financial assets, or investment expenditure, during fiscal year 2026/2027.

Of the total, LE 2.22 trillion will be allocated to the private and cooperative sectors, while public investments will amount to LE 1.56 trillion.

Public investments include approximately LE 553.7 billion in government investments, of which LE 450 billion will be financed through the budget deficit.

Around LE 743.4 billion will be allocated to economic authorities, including their special budgets, while approximately LE 262.9 billion will be directed to public-sector companies.