Egypt's Vaccine and Biotechnology City first phase 100% complete

Egypt's next development plan prioritizes jobs, education, and entrepreneurship

Egypt is focusing on job creation, education investment, and entrepreneurship support in its economic and social development strategy for the upcoming fiscal year, according to Planning Minister Ahmed Rostom. Speaking during a televised interview with the World Bank Group at the Spring Meetings in Washington, Rostom stated that expanding employment opportunities is a central government objective. Public investments are being channeled into improving healthcare and education to enhance human capital and foster long-term economic growth. The minister highlighted that education quality will be a top priority in the next fiscal year's development plan, alongside initiatives to promote entrepreneurship and increase access to long-term financing for infrastructure projects. The government is also working to develop productive communities, particularly in labor-intensive regions and agricultural areas in Upper Egypt, to support sustainable job creation and improve living standards. Rostom is attending the Spring Meetings of the World Bank Group and the International Monetary Fund as part of Egypt’s official delegation, engaging with international partners like the International Finance Corporation and the Multilateral Investment Guarantee Agency to strengthen cooperation and financing opportunities.