This step aligns with Egypt’s goal to boost the role of the private sector in the Egyptian economy and to raise its share of total investments to 65 per cent by 2030.

The Ministry of Planning, Economic Development, and International Cooperation has recently stated that private investments in Egypt increased by 30 percent in the first quarter of  FY2024/2025.

The committees are part of a broader approach to establishing permanent channels for exchanging views and proposals supporting effective policy-making.

The decision outlines the creation of six specialized committees, each tasked with advising the government on key sectors, including macroeconomics, export development, digital economy, entrepreneurship, tourism development, political affairs, urban development, and real estate exports.

Committees Breakdown
 

• Macroeconomics Committee: The committee, focused on economic policy and strategy, will include prominent figures such as Dr Hussein Mohamed Ahmed Eissa, Dr Khaled Ibrahim Saqr, and Dr Mohamed Ahmed Fouad Atiya Abdel Rahim.
• Export Development Committee: This group will advise enhancing Egypt’s export sector. Members include Omar Abdel-Aziz Ibrahim Mehanna, Engineer Mohamed Tarek Zakaria Mohamed Tawfik, and Dr Riad Mounir Armanious.
• Digital Economy and Entrepreneurship Committee: Focused on innovation and digital transformation, this committee will feature experts like Mohamed Ahmed Kamel Azab, Amal Ibrahim Saad Anan, and Karim Bishara.
• Tourism Development Committee: Tasked with revitalizing Egypt’s tourism industry, committee members include Hisham Talaat Mustafa Ibrahim, Dr Kamel Hassan Ahmed Abu Ali, and Ahmed Atef El-Waseef.
• Political Affairs Committee: This group will advise on political strategy and governance, with members including Dr Ali El-Din Helal, Dr Abdel-Moneim Said Ali Abdel-Aal, and Dr Mohamed Mostafa Kamal Abdullah.
• Urban Development and Real Estate Export Committee: Focused on urban planning and real estate exports, this committee will be led by Engineer Mahmoud El-Gamal, Engineer Naguib Ansi Naguib Sawiris, and Engineer Tarek Osman Ahmed Shokry.

Roles of Committee
 

• Each committee will provide expert advice and suggestions to support the government's efforts in sector reform and advance private sector involvement in policy-making.

• The committees will submit regular reports to the Prime Minister detailing challenges within each sector and proposing practical solutions.

• The committees are also responsible for assessing government policies, strategies, and plans, offering objective evaluations of their effectiveness.
• Additionally, they will participate in advisory discussions to formulate policies that develop the sector, evaluate the feasibility of government solutions, and propose mechanisms to enhance the sector's international competitiveness.
• The committees will meet regularly under the chairmanship of the Prime Minister, with the participation of relevant ministers and heads of authorities. These meetings will address sector challenges and propose solutions for government adoption.
• The formation of these advisory groups, composed of private sector leaders, experts, and specialists, will also enable the inclusion of additional personnel based on specific issues.
• This approach ensures continuous renewal of expertise and fosters diverse perspectives, enhancing efficiency in addressing challenges and formulating innovative solutions for sustainable development.

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