economy faced ⁣several challenges in 2024, ‌but there ‌are signs of​ resilience ‌and promise.The country is ⁢set to receive 35 percent of the profits generated from a critically important development⁢ project.⁤ This indicates a positive outlook for future economic activities.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-could-you-elaborate-on-the-growth-forecast-for-the-fiscal-year-20242025">Editor: Could ⁣you ⁣elaborate‌ on⁢ the​ growth forecast⁤ for the fiscal year 2024/2025?</span></h2><br /><br />\r\n <p><strong>Guest:</strong> The ​Ministry of Planning and Economic ⁣Development announced a more optimistic forecast of 4.4 percent growth for the fiscal year 2024/2025. This surpasses⁣ the government's earlier target of 4.2 percent and⁢ positions Egypt prominently on the global economic growth scale.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-how-does-this-growth-rate-compare-to-the-previous-years">Editor: ⁣How does this ⁤growth rate compare to the previous years?</span></h2><br /><br />\r\n <p><strong>Guest:</strong> Discussing Egypt's economic growth rates from 2021/2022⁢ to 2024/2025, dr.⁢ El-Said‍ noted the target of achieving ⁢a​ growth ⁤rate⁤ between 4% and 4.2% in 2024/2025. This shows a consistent effort to maintain and improve economic growth over the years.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-what-are-the-key-targets-outlined-in-egypts-extensive-economic-blueprint-for-2024-2030">Editor:‌ What are⁢ the key targets outlined ⁤in Egypt's extensive economic ⁢blueprint for 2024-2030?</span></h2><br /><br />\r\n <p><strong>Guest:</strong> The roadmap targets strong, inclusive, lasting, and balanced economic growth ranging from 6 to 8 percent.It focuses on improving‌ the quality of economic growth through increasing exports and investments. Moreover, it targets a supportive⁢ economic growth rate to provide ‌7 to‌ 8 million job⁣ opportunities during​ that period.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-what-are-the-specific-investments-planned-for-the-industrial-sector-in-the-coming-years">Editor: What are the specific⁤ investments planned for the ‍<a href="https://www.harriswilliams.com/our-insights/2024-industry-outlook-industrials" title="2024 Industry Outlook: Industrials - Harris Williams & Co.">industrial sector</a> in the⁤ coming years?</span></h2><br /><br />\r\n <p><strong>Guest:</strong> Egypt is planning to invest EGP 7.7 billion in developing priority⁢ industrial sectors over⁤ the next four ​years starting in 2025. This‌ aims​ to strengthen its industrial​ base, reduce imports, and ⁢increase ‌exports.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-could-you-highlight-some-of-the-benefits-from-the-local-development-program-in-upper-egypt">Editor: Could you highlight some of the benefits from⁤ the local development program in Upper Egypt?</span></h2><br /><br />\r\n <p><strong>Guest:</strong> ‍The local​ development program in Upper Egypt has reported critically ‍significant benefits,⁢ including job creation and infrastructure‍ improvements. These initiatives ‌are crucial‍ for balanced economic growth and regional development.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="editor-what-are-the-main-takeaways-from-this-interview">Editor: what are ⁢the main takeaways from this interview?</span></h2><br /><br />\r\n <p><strong>guest:</strong> The main takeaways are Egypt's resilience in⁢ the face of economic⁤ challenges, ⁣the optimistic growth​ forecast for 2024/2025,​ and the government's commitment⁣ to sustainable and inclusive economic growth through targeted investments‌ and development programs.</p> ?"> Submit