FINANCIAL NEWS

UN, Egypt government plan 15-year development strategy

25 Aug 2016

(MENAFN) UN and Egypt government outlined a 15-year development strategy, which aims to unite the government, the United Nations and the private sector to ensure economic development.

Furthermore, the strategy sets a number of numerical targets and proposes nationwide projects as well as legislative reform.

In addition, some of the goals for the government is achieving a GDP growth rate of 10 percent by 2020, 12 percent by 2030 and USD10.000 GDP per capita.

On the other hand, the government also targets 5 percent hydroelectric use, 30 percent solar and wind power and 29 percent coal.

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