The medium-term sustainable development plan 2018/2019 - 2021/2022

Plan Type: National Development Plan

Member State: Egypt

Coverage Period: -

Document Language: Arabic

SDGs:
GOAL 1: No Poverty GOAL 2: Zero Hunger GOAL 4: Quality Education GOAL 5: Gender Equality GOAL 6: Clean Water and Sanitation GOAL 7: Affordable and Clean Energy GOAL 8: Decent Work and Economic Growth GOAL 9: Industry, Innovation and Infrastructure GOAL 10: Reduced Inequalities GOAL 11: Sustainable Cities and Communities

The medium-term sustainable development plan 2018/2019 - 2021/2022

January 2018

The Medium-Term Sustainable Development Plan is considered as the first cycle of the four-year plan aimed at achieving Egypt Vision 2030. It differs from former development plans as it includes the commitment to apply programme budgeting to improve public expenditure efficiency, implement monitoring and evaluation mechanisms, and achieve an increasing growth rate of the gross domestic product.

Pillars & Objectives

Pillar: Economic development
Objectives:
  • Expand the capacity of economic activities to absorb the successive increases in labor force supply and to accomodate the increasing number of unemployed persons
  • Achieve a high growth rate of real GDP, starting from 2.2 per cent in the first year of the plan and gradually escalating to 2 per cent in the last year
  • Increase the real per capita GDP at a rate of more than 0 per cent in the first year of the plan and nearly 2 per cent in the last year
  • Develop the labor market capacity to provide around 222,000 job opportunities annually, thus reducing unemployment rates to 20 per cent in the first year of the plan and then gradually to 2.2 per cent in the last year
  • Raise the savings rate to around 11 per cent and then gradually increase it to around 22 per cent by the end of the plan period
  • Increase the investment rate from around 2.02 per cent of the GDP to around 20 per cent in the first year of the plan
  • Increase the net foreign direct investments
  • Develop non-oil exports at an average growth rate of around 13 per cent annually to increase their value to $20 billion by the end of the plan
  • Reduce the trade deficit to GDP ratio
  • Reduce the total State budget deficit
  • Enhance the competitiveness of the Egyptian economy and accelerate its transition to a knowledge-based economy in order for Egypt to rank among the top five emerging countries by 2030
Pillar: Social development
Objectives:
  • Reduce the population growth rate
  • Reduce the illiteracy rate
  • Achieve price stability to reduce the inflation rate
  • Reduce the proportion of the population below the poverty line
  • Reduce economic and social disparities across Egyptian regions
  • Increase female and youth participation in the labor force to narrow the gender and age gap in unemployment rates
Pillar: Urban development and environmental improvement
Objectives:
  • Increase the Egyptian urbanized area
  • Allocate at least a third of public investments in urban development to governorates
  • Increase urbanization to accommodate more than 10 million people
  • Rationalize energy use and pursue environmental development efforts to address pollution and reduce carbon dioxide emissions to global levels
  • Introduce several new crops with industrial advantage, such as canoa and succulents, in the national project for the reclamation of 5.2 million acres
  • Use resources over successive life cycle
  • Enhance food security at different levels
  • Establish the nuclear plant and its installations