Egypt targets $115.8 bln in annual exports by 2030

Madbouly made his remarks during the inaugural meeting with members of six specialized advisory committees established to guide the government.

The committees encompass key sectors: macroeconomics, export development, the digital economy, entrepreneurship, tourism development, political affairs, urban development, and real estate exports.

The new export target is notably lower than the $145 billion goal announced in January 2024.

Egypt also aims to bring the value of imports to $105 billion by 2030, with an annual growth rate of 5 percent, Madbouly pointed out.