Egypt’s education sector receives 42% of total fiscal plan investments

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that the educational sector represents 42 percent of the fiscal plan’s total investments, underscoring the government’s commitment to human capital development and the role of education in building a knowledge-based economy.

 

This came during her meeting with Minister of Education and Technical Education, Mohamed Abdel-Latif, discussing strategic plans and funding requirements to improve the quality of education as part of the 2024/2025 fiscal year plan. 

 

The Ministry of Planning’s focus for this fiscal year includes integrating public investments, local resources, and international partnerships to foster economic and social development, particularly through significant investments in education. 

 

Al-Mashat highlighted that the government’s investment in education aligns with broader structural reform efforts aimed at reducing inflation, encouraging private sector participation, and enhancing public investment governance. The fiscal plan includes provisions to upgrade public education infrastructure, expand digital learning options, and fund programs to improve student skill development.

 

Abdel-Latif confirmed that the Ministry of Education is working to address pressing challenges in schools, including overcrowded classrooms and teacher shortages, which have been exacerbated in recent years. Short-term solutions, implemented since the academic year’s start, have alleviated some of these issues. However, the ministry has broader plans to introduce long-term structural reforms in cooperation with other governmental agencies.

 

As part of the current fiscal year’s investment plan, the Ministry of Education aims to build new classrooms, focusing on governorates with high overcrowding rates, especially at the primary level. It also plans to enhance maintenance budgets, expand access to specialized and applied schools, and strengthen public-private partnerships. Literacy initiatives will prioritize Upper Egypt regions, such as Minya, Assiut, and Fayoum, to ensure educational quality and accessibility across all governorates.

 

These developments are part of Egypt’s National Structural Reform Program, aimed at creating a balanced and sustainable educational system that supports economic growth.