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Egypt, Arab Republic of

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IMF’s recent engagements on infrastructure governance

Public-Private Partnership Unit and Public Fiscal Risk Assessment Model (PFRAM) Training January 2020
Improving Surveillance of Public-Private Partnerships December 2020
Public Investment Management Assessment (PIMA) September 2022
Climate PIMA (C-PIMA) September 2022
Strengthening Fiscal Risk Management of PPPs March 2023

 

 

Related Documents

PIMA Technical Assistance Report

PIMA Country Summary Assessment 

C-PIMA Technical Assistance Report

C-PIMA Country Summary Assessment

 

 

 

Summary of PIMA report

(Published in April 2024)

 

The recent pick-up in public investment in Egypt is reversing a long-term decline. Further growth is expected as the authorities continue the construction of the new administrative capital and other new cities, the development of health infrastructure supporting the universal health insurance scheme, and the Hayah Karima initiative to provide infrastructure in rural areas. Egypt’s investment needs are compounded by rapid population growth, with 20 million people added during 2011–2020 and another 20 million expected during 2021–30. In addition, climate change will require sustained public investment both to mitigate its impacts and to adapt the infrastructure to new challenges.

 

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Summary of C-PIMA report

(Published in April 2024)

 

Egypt is at high risk from natural hazards and is considered highly vulnerable to climate change due to its dependence on the Nile River. The densely populated Nile Delta is one of the world’s three “extreme” vulnerability hotspots. Climate change risks include rising sea levels, droughts, heat waves, sand and dust storms, heavy rain, flash floods, and rockslides. In its NDC, Egypt has committed to low-carbon and climate resilient growth; a challenge that is exacerbated by high population growth, urbanization, and limited fiscal space. Egypt’s population is expected to grow by 44 percent from 2022 to 2050.

 

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