Dr. Mustafa Madbouly, the head of the Council of Ministers, is actively engaged in the development of a comprehensive program aimed at enhancing Egypt's export support mechanisms. This initiative was the focus of a recent meeting held on March 25, 2025, attended by key figures from various ministries, including Engineer Kamel Al-Wazir, the Deputy Head of the Council of Ministers for Industrial Development, and Sharif Fathi, the Minister of Tourism and Antiquities.
The meeting underscored the importance of increasing and developing exports, a priority that has garnered attention from multiple state agencies. Madbouly emphasized that the primary objective of the gathering was to review and discuss various items and procedures related to this crucial file. The proposed program is designed to play a vital role in boosting hard currency inflow and expanding the presence of Egyptian products in targeted industrial markets.
According to Counselor Mohamed El-Homsani, the official spokesman for the Presidency of the Council of Ministers, Madbouly reiterated the government's commitment to enhancing production rates and increasing the volume of Egyptian exports. He pointed out that the reformation of the export support program is expected to motivate and encourage exporters, maximizing the impact of governmental support directed towards this vital sector. This effort aims to achieve the desired economic and social goals.
During the meeting, participants reviewed the proposed vision for the new export support program, which includes general features, objectives, and standards for various industrial sectors. These measures are anticipated to contribute significantly to meeting the targets set for supporting the export sector.
In a decisive move, Madbouly directed that the final proposal for the new export support program be presented to exporters. This step is crucial in achieving consensus on the procedures, items, and specifications included in the program.
The ongoing efforts to revamp the export support program come at a time when the Egyptian economy is seeking to enhance its competitiveness on the global stage. As the government aims to diversify export markets and increase the volume of goods exported, the initiative is expected to provide a robust framework for exporters.
Moreover, the collaboration between various ministries reflects a unified approach to tackling the challenges faced by the export sector. By aligning their efforts, the government hopes to create a conducive environment for growth and development in the industrial landscape.
As the discussions progressed, the emphasis was placed on the need for a sustainable industrial development strategy that not only addresses immediate export challenges but also sets the foundation for long-term growth. The integration of feedback from stakeholders will be essential in refining the program to ensure it meets the needs of exporters.
Looking ahead, the government is optimistic that the revamped export support program will lead to an increase in the volume of exports, thereby contributing to economic stability and growth. The focus on sustainable practices within the industrial sector is also expected to resonate well with international markets increasingly concerned with environmental responsibility.
In conclusion, the initiative led by Dr. Madbouly represents a significant step towards revitalizing Egypt's export capabilities. With a comprehensive approach that involves various ministries and stakeholders, the program aims to enhance the competitiveness of Egyptian exports while fostering economic development.
