Sunday 22 Dec

اقتصاد

El-Mashat: New government seizes opportunities, reflects national dialogue


El-Mashat: New government seizes opportunities, reflects national dialogue

Minister of Planning and Economic Development and International Cooperation, Dr. Rania El-Mashat attended a meeting of the special committee formed by the House of Representatives to review and analyze the new administration's proposed work program for the coming period (2024/2025 - 2026/2027). The meeting was headed by Counselor Ahmed Saad, the First Undersecretary of the Council.

Member of Parliament (MP) Mohamed Abu El-Ainain, Undersecretary of the House of Representatives had attended, as a special session was held to discuss the program with the participation of Dr. Hassan El Khatib, Minister of Investment and Foreign Trade, and Mr. Ahmed Kjok, Minister of Finance. Counselor Mahmoud Fawzi, Minister of Parliamentary Affairs, Legal Affairs and Political Communication, also participated in the session.

At the beginning of her speech, Dr. Rania El-Mashat stressed the keenness on continuous and effective communication with the House of Representatives and responding to all inquiries from members about the government's program with all transparency, noting that the critical stage that the country is going through requires integration and coordination between all parties and institutions of society to meet the aspirations of people and overcome the challenges confronting the state.

The Minister indicated that the new government will not only confront challenges but also seize opportunities. The ministerial formation reflects the recommendations of the national dialogue that was held over the past period.

El-Mashat explained that the merger of the ministries of planning and economic development and international cooperation aims to foster a new approach to development planning, prioritizing effectiveness, bolster the state's ability to provide accessible financing for the private sector, thereby attracting foreign investment, and achieve integration between the mechanisms available to the ministries to meet aspirations and implement the government's program and enhance work efficiency.

Dr. El-Mashat emphasized that the ministry is actively formulating a new vision. This vision aligns with President Abdel Fattah El-Sisi directives and the new government's work program (2024/2025 - 2026/2027), as well as the requirements and changes of the critical stage that the Egyptian economy is going through, and the global and regional economic challenges.

This comprehensive approach ensures achieving strong and sustainable growth rates across most sectors, progress on the path of comprehensive economic and structural reforms, enhancing the efficiency of public investments, and paving the way for the private sector to lead the development process. The ultimate goal is to foster comprehensive and sustainable growth and create employment opportunities.