Sustainable Development Plan for the year 2019/2020

أبريل 2019

The 2019/2020 Sustainable Development Plan is the plan for the year 19/2020, which is the second year of the Medium Term Sustainable Development Plan 18/2019 - 21/2022. It also commits to the fundamental pillars of the Medium Term Sustainable Development Plan 18/2019 - 21/2022, which represents Egypt Vision 2030.

الركائز والأهداف

الركيزة: Economic Development

الأهداف:

Achieving a high real GDP growth rate of 6% in the year 2019/2020 compared to an expected rate of 6.5% for the year 2018/2019
Real GDP per capita increased at a rate of about 7.3% in 2019/2020
Developing the absorptive capacity of the labor market to provide about 800-850 thousand job opportunities annually, and to allow reducing unemployment rates to about 5.9% in the year of the plan
Raising the saving rate to about 2.16% in 2019/2020 compared to 5.14% in 18/2019, and increasing the investment rate from about 3.17% of GDP in 2018/2019 to about 6.18% in 2019/2020
Increasing the net foreign direct investment expected in 18/2019, amounting to 2.9 billion dollars, to about 10 billion dollars in the second year of the plan 2019/2020
Developing non-oil merchandise exports with an average annual growth rate of more than 11% to rise to 23 billion dollars in 19/2020, and rationalizing import operations to gradually reduce merchandise imports to reach 69 billion dollars in the same year, with a growth rate of 3%
Reducing the trade deficit ratio of GDP steadily from 12.4% expected in 2018/2019 to 11.3% in the second year of the plan, bringing the deficit to around 38 billion dollars.
Developing international foreign exchange reserves from $44.1 billion at the end of March 2019 to exceed $45 billion at the end of 19/2020, and to cover imports for a period of 8.5 months
Reducing the overall deficit in the state’s general budget from 4.8% of GDP in 18/2019 to 2.7% in 19/2020, while reducing the public debt ratio to GDP to 89%, compared to 92% expected in 18/2019
Increasing remittances from workers abroad from $25.5 billion at the end of 2019-18 to about $29 billion at the end of 2020/19.

الركيزة: Social Development

الأهداف:

Reducing the population growth rate from 2.56% in 2017 to 2.3% in 19/2020
Reducing the illiteracy rate from about 25.8% (2017 census) to about 24.5% at the end of the year 19/2020
Achieving price stability so that the general inflation rate decreases from 13.8% in March 2019 to about 12% in 19/2020
Reducing the percentage of the population below the poverty line from 32.5% in 17/2018 to 28% in 19/2020
Reducing economic and social disparities between the various regions of the Republic, so that the gap in poverty rates does not exceed 20 percentage points among the governorates
Increasing female and youth participation in the labor force to narrow the gender and age gap in unemployment rates.

الركيزة: Urban development and environmental improvement

الأهداف:

Increasing the area of the Egyptian globe to increase the proportion of the inhabited area from 7% to 10% in the year 19/2020
Allocating at least one third of public investments for development and urban development to the governorates of Upper Egypt and the border governorates.
Expansion of the establishment of new cities and urban communities to accommodate nearly 10 million people
Continue to rationalize energy use, continue environmental development efforts, treat pollutants, and reduce carbon dioxide emissions
Expanding the use of clean technology and waste recycling projects at the level of all governorates, within the framework of the concept of green economy and environmentally friendly projects