Egyptian PM unveils new gov't program based on Egypt's Vision 2030-Xinhua

Egyptian PM unveils new gov't program based on Egypt's Vision 2030

Source: Xinhua

Editor: huaxia

2024-07-09 05:06:30

CAIRO, July 8 (Xinhua) -- Egyptian Prime Minister Mostafa Madbouly unveiled on Monday the new government's program for the coming three years, which outlines a comprehensive strategy to drive Egypt towards its Vision 2030.

In a presentation to the House of Representatives, Madbouly said the new government's program will focus on national security, economic progress, and social services, especially education and health services.

He stressed the new government will continue the path of economic reform, complete the projects and initiatives that began with Egypt's development process in the past years, and strive to reduce rising prices and inflation.

The government aims to achieve a growth rate of 4.2 percent in the first year of its program, with a goal of surpassing an average growth rate of 5 percent throughout the program period, he said.

The government will also work to build about 500,000 alternative housing units in unplanned areas, while also increasing private sector involvement in infrastructure and urban development projects, according to the prime minister.

Madbouly stressed that Egyptian diplomacy will continue its efforts in various international forums related to combating terrorism, especially within the framework of the United Nations.

He also pledged to safeguard Egypt's water security, diversify energy resources, improve energy efficiency and infrastructure, and develop energy transmission and distribution networks.

On Wednesday, the new Egyptian cabinet was sworn in with a massive reshuffle including new ministers of defense, foreign affairs, justice, electricity, petroleum, finance, agriculture, civil aviation, and tourism and antiquities.