Arab finance: The Egyptian government is working on finalizing and activating the executive regulations for the General Unified Planning Law, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat stated.

This move aims at improving the use of comprehensive data analysis and directing investments toward priority sectors.

The law is set to enhance policy coherence and resource allocation based on comprehensive assessments of sector needs and available opportunities, Al-Mashat said.

This would, in turn, direct investments toward the most capable sectors of achieving growth, allowing the country to cope with challenges, she added.

Furthermore, Al-Mashat noted that the ministry is working to finalize the Foreign Direct Investment (FDI) Strategy in coordination with other ministries, and the Trade and Industry Strategy in collaboration with the World Bank.

This is part of the ministry’s efforts to promote investments and drive economic development.

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