Egypt's efforts in economic development, national progress: A Vision for 2025

CAIRO- 1 January 2025: Egypt reaffirmed its commitment to sharing expertise and enhancing the capabilities of Chadian institutions. This initiative reflects Egypt's broader strategy to strengthen regional ties and contribute to sustainable development across Africa.

Egypt is entering a new phase of comprehensive development and progress under the guidance of President Abdel Fattah El-Sisi. This stage is marked by significant efforts to boost the national economy, reduce inflation, and improve citizens' living standards.

Parliament members and political leaders praised President El-Sisi's directives to ensure continuous coordination between the Central Bank and the Ministry of Finance. These efforts focus on monetary and fiscal policy alignment to enhance economic stability, curb inflationary pressures, and create financing opportunities for the private sector.

Dr. Ayman Mohseb, a member of the House of Representatives, highlighted that these policies aim to attract investments, boost the private sector's role, and achieve sustainable economic growth. He emphasized measures like reducing reliance on external borrowing, promoting local production, and adopting market-regulating policies to stabilize prices.

The government is working to remove administrative and legislative barriers that hinder private investment. Expanding public-private partnerships, providing financial incentives to small and medium enterprises, and enhancing digital and logistical infrastructure are critical components of this strategy.

Efforts to privatize state-owned companies aim to broaden ownership bases and encourage private investment in key sectors such as agriculture, industry, and tourism. Supporting entrepreneurship through financial programs and innovation hubs is another step toward achieving long-term economic competitiveness.

Dr. Hussein Khudair, Chairman of the Health Committee in the Senate, commended the leadership's vision for national development. He pointed to infrastructure, education, healthcare, and energy projects that have significantly improved citizens' quality of life.

Programs like Decent Life and 100 Million Healthy Lives have had a transformative impact on underprivileged communities, promoting social justice and improving living standards across Egypt.

Dr. Khudair and other officials expressed optimism for 2025, viewing it as a year to build on recent successes and pursue Egypt's Vision 2030. This blueprint focuses on sustainable development and elevating Egypt's regional and international standing.

Senator Abdu Abu Aisha praised Egypt's ability to navigate various economic challenges. He noted that the government's policies have helped stabilize the economy and attract foreign investments despite global uncertainties.

Efforts are underway to maximize the use of economic opportunities and ensure essential goods for priority sectors remain accessible. Strengthening foreign currency reserves and enhancing macroeconomic indicators are also key objectives.

Dr. Siraj Aliwa, Secretary of Organization for the Al-Riyada Party, emphasized the need for collective action to overcome challenges and achieve Egypt’s development goals. He called for unity and commitment to national values to secure a brighter future for the next generations.

Egypt continues its steady progress under President El-Sisi’s leadership, embarking on an era of comprehensive growth that reinforces its regional and international position. Dr. Aliwa concluded with prayers for prosperity in the coming year, envisioning 2025 as a milestone in Egypt’s journey toward excellence.