Prime Minister Dr. Mostafa Madbouly met today with members of the newly formed Specialized Advisory Committees at the government headquarters in the New Administrative Capital, Invest-Gate reports. The meeting aimed to strengthen dialogue between the government and private sector, fostering ongoing collaboration to support policy-making.

Madbouly emphasized that the committee members are highly experienced professionals chosen to drive Egypt’s economic growth. He stated that their selection was based on clear criteria, ensuring representation from key economic sectors, including public policy, to enhance public-private partnerships. The goal is to engage experts with both academic and practical experience to contribute to the country’s development.

He noted that Egypt has overcome its most challenging economic period, highlighting the government’s success in managing last year’s financial pressures. With stabilization achieved, he stressed that the time has come to focus on strong and sustainable economic growth. Madbouly acknowledged the burdens Egyptians have faced in recent years, stating that citizens deserve an improved quality of life.

The prime minister outlined the formation of six advisory committees, including one focused on macroeconomics. This committee will address three key areas: achieving high economic growth, controlling inflation, and maintaining a downward trend in public debt.

Madbouly also reaffirmed his strong support for the real estate sector, citing his background in urban planning. He pointed out that many economies worldwide rely on real estate development, yet Egypt’s share of global real estate exports remains low at only 1.8%. He stressed the need to boost international property sales, which would attract foreign currency and strengthen the economy. While domestic real estate investment has seen substantial inflows, he noted that there is still significant room for expansion in the sector.