economic
Sisi Orders Expanded Social Protection as Egypt Targets 5.4% GDP Growth for FY2026/27
President Abdel Fattah el-Sisi directed Prime Minister Mostafa Madbouly to expand strategic commodity reserves, accelerate anti-inflation programs, and increase spending on healthcare, education, and social protection for the FY2026/27 budget. Egypt's Planning Ministry set a GDP growth target of 5.4% for the coming fiscal year, rising toward 6.8% by 2030 as part of Egypt Vision 2030. The directives follow IMF confirmation of improved macroeconomic fundamentals — inflation fell to approximately 13.8% in April 2026, down from a 40% peak in 2023, while net international reserves reached $53 billion at end-April.
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Sources
- T2 Daily News Egypt Major middle_eastern
- T2 Daily News Egypt Major middle_eastern