A package of government reforms to support investment and the Egyptian economy
A package of government reforms to support investment and the Egyptian economy
In recent years, the Egyptian government has been seeking to implement the national program for structural reforms to ensure the sustainability of economic stability, achieve further improvement in the business environment and investment climate, and encourage green investments.
In this context, the Ministry of Planning, Economic Development and International Cooperation announced the inclusion of part of the structural reforms implemented since July 2024, within the framework of the National Structural Reforms Program, for the first time in the GDP growth indicators for the first quarter of the fiscal year 2025/2026, in order to enhance the principles of transparency and governance in a way that reflects the sustainability of the economic reform path.
Presentation of reforms to consolidate the principles of transparency
Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, stated that presenting these reforms confirms the ministry’s keenness to consolidate the principles of transparency and governance in reviewing indicators of economic reform and gross domestic product growth, in a way that enhances the state’s vision aimed at sustaining economic reform and achieving comprehensive and sustainable development.
This presentation also helps to enhance effective communication with citizens and the business community to emphasize the state’s biased approach to the private sector, and make room for local and foreign investments, through the governance of public investments, improving the investment climate, and facilitating the business environment.
The government continues to implement the national reform program
The government continues to implement the national reform program to achieve economic development to ensure a continuous and sustainable economy, achieve further improvement in the business environment and investment climate, and encouragegreen investments, according to the timetable announced in the national narrative for economic development, based on the principle that stability and reform are two sides of the same coin and each contributes to consolidating the foundations of economic development.
60 Structural reform process since July 2024
What contributed to enhancing private sector confidence and consolidating macroeconomic stability is that the government has implemented more than 60 structural reforms since July 2024, including the issuance of Law No. 159/2023, which stipulates the abolition of tax exemptions and fee exemptions for state bodies regarding the economic and investment sectors.
In addition to the Public Finance Law to set an annual ceiling for general government debt, including the 59 public economic bodies, by establishing a dedicated unit in the Ministry of Finance.
Determining new standards for evaluating public investment projects
The Ministry of Planning, Economic Development and International Cooperation has issued a guidance document to be circulated to executive authorities to help them determine new standards for evaluating public investment projects. With regard to strengthening social safety networks, the state has worked to increase the number of beneficiaries of the “Solidarity and Dignity” program.
Improving the investment climate
As part of the government’s efforts to improve the investment climate and attract new investments in all sectors in order to achieve comprehensive and sustainable development, many reforms have been implemented, including amending the executive regulations of the Investment Law and simplifying the procedures for issuing the golden license.
This is in addition to improving competitive neutrality by issuing the Competition Protection Agency three guidelines on competitive neutrality, as well as issuing Law No. 170 of 2025 regulating some provisions regarding state ownership in state-owned companies, and establishing a state-owned companies unit under the supervision of the Council of Ministers.
New Labor Law
The government also issued the new Labor Law No. 14 of 2025 to address the challenges related to developing the business environment and enhancing workers’ rights, in addition to a simplified tax system for startups that supports any startup whose revenues do not exceed 20 million pounds annually to receive new incentives, exemptions, and facilities that include a simplified income tax ranging from 0.4% to 1.5% according to the annual business volume.
Those who join this system will be exempt from capital gains taxes resulting from the disposal of fixed assets, machinery, or production equipment, dividends, and stamp duty.
The government is still seeking to improve the economic and investment climate in support of the process of economic and comprehensive development, issuing regulations and laws to facilitate the owners of emerging and already existing investments in the interest of citizens, andThe Earth Guards Foundation affirms its support for government reforms that contribute significantly to achieving comprehensive sustainable development, by providing decent work and encouraging trade and investment. Increasing income and development financing and achieving sustainable production and consumption.
