Egypt 2030 development vision no longer an option but a necessity: El-Magharbal

Daily News Egypt
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2030 economic goals for Egypt set and will be presented in the March Economic Summit (Photo courtesy of Ministry of Planning )

“The vision of sustainable development is not just an option but a need to maintain resources and build a life for future generations,” first assistant to the Minister of Planning Nehal El-Megharbal said on the second day of the T-20 Innovation in Government conference.

The 2030 strategy was prepared in 2013 and officially launched in the Egypt Economic Development Conference (EEDC) in March. The strategy has a set of goals that allows the parliament to follow up and measure the levels of its development, El-Megharbal said.

“The general vision is to have a new Egypt with a stable, fair, and competitive economy,” she said. “It is not just relevant to the government only but it is a vision for the entire country.”

All governmental authorities and international development partners aim to develop a strategy that would not rely on just one unit to implement, she said. “It should not depend on one specific body because if that fails or stops, the entire strategy will fall apart around it.”

What is really needed is a vision that is aware and reflects the recent political events in Egypt.

Egypt has a good global positioning when it comes to the volume of the economy, El-Megharbal said. Further development is needed to improve competitiveness and enhance human resources’ skills, she added.

“Every sentence in the strategy has to have an implementation plan and routine follow-ups,” she said.

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