Egyptian Government Caps Public Investment at LE 1.16 Trillion

Egypt's Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat announced that Egypt has set a ceiling of LE 1.16 trillion for public investment in the fiscal year 2025/26, as part of its attempt to narrow debt and ease the strain on the national budget.
The announcement came during a meeting in the New Administrative Capital with senior World Bank officials, where the minister detailed how proceeds from state-asset sales will be directed towards fiscal stability and private sector engagement. These include fiscal and structural reforms such as enforcing competition laws, implementing the State Ownership Policy Document to reduce the government’s direct role in the economy, and channelling funds into the green transition. Officials also highlighted plans to launch a green taxation strategy by December 2025 and to deepen public-private partnerships.
Egypt’s cooperation with the World Bank already includes International Bank for Reconstruction and Development commitments worth over $6 billion across 13 projects, an IFC portfolio of more than $2 billion, and MIGA guarantees of about $700 million supporting energy and logistics. Since 1959, the country has received over $27.5 billion in financing for 201 projects, with 13 active projects totalling $6.5 billion underway.