Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5% - News Summed Up

Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5%


Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The minister noted that the growth rate reflects increased contributions from productive sectors, led by industry, telecommunications, information technology, and tourism. The discussions with Eichhorst focused on the economic pillar of the Egypt-EU strategic and comprehensive partnership, including development grant priorities for the 2026-2027 period. Al-Mashat reviewed the “National Narrative for Comprehensive Development,” which serves as the framework for the state’s efforts to promote sustainable growth through human development investment, structural reforms, and the increased role of the private sector. Al-Mashat concluded the meeting by stating the government’s intent to build on current results to support sustainable development and mutual confidence in the path of economic reform.


Source: Daily News Egypt January 17, 2026 15:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */