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Egypt’s private sector secured a total of $2.9 billion (about EGP 136.5 billion) in financing in 2025, accounting for around 65 percent of total investments, according to a statement by the Ministry of Planning, Economic Development, and International Cooperation.

The sector also obtained around $300 million (approximately EGP 14.1 billion) in development grants during the year, in addition to concessional financing for the public sector and budget support, the ministry said in a report titled Growth, Employment and Resilience: Preparing the Egyptian Economy for the Future.

This brings the total financing mobilized for the private sector to around $17 billion (about EGP 800 billion) since 2020.

The report reviews the second edition of Egypt’s economic development narrative, examining its implementation, strategy, reforms, financing mechanisms, and partnerships, and assessing how these efforts have contributed to increasing private sector participation while sustaining positive economic indicators despite regional pressures, including inflation and supply chain disruptions.

The government has set a target for the private sector to account for 72 percent of total investment by 2030. Achieving this goal would require private capital to nearly triple in real terms over the next five years, signaling a deliberate shift away from a state-led economic model.

The narrative prioritizes human development as the main driver of economic growth, aiming to achieve 7.5 percent growth by 2030 through increased private investment, exports, and human capital development, alongside stronger job creation. It also sets targets for annual foreign direct investment to reach $24.6 billion and total exports to rise to $145 billion.

In addition, the framework addresses industrial development, local and foreign investments, foreign trade, green transition, the non-banking financial sector, and labor market efficiency.

The second edition of the narrative seeks to address structural gaps in Egypt’s economy as the International Monetary Fund (IMF)-backed Extended Fund Facility (EFF) program approaches its conclusion, with the Fund urging faster implementation of reforms to support a more competitive, private sector-led growth model.

Meetings for the fifth and sixth reviews of the EFF are currently underway. Once approved, the completion of these reviews, together with the first review of the Resilience and Sustainability Facility (RSF), is expected to unlock around $2.5 billion in financing for Egypt.

The IMF has raised its forecast for Egypt’s real GDP growth in fiscal year 2025/2026 to 4.7 percent, up from 4.5 percent projected in October, and expects growth to increase further to 5.4 percent in FY2026/2027.

Source: Al-Ahram Online