Prime Minister Mostafa Madbouly met members of the six specialist advisory committees at government headquarters in the New Administrative Capital today. Established last week, the committees strengthen dialogue with private-sector experts and contribute to policymaking.
He said the meetings allow government to share accurate details and figures so proposals reflect actual conditions and become more practical and implementable.
He emphasized a common information base, particularly amid circulation of conflicting or inaccurate figures about the economy, debt and surpluses. Updated official data will support informed discussion and agreed objectives.
Welcoming the tourism committee’s experienced members, Madbouly reviewed Egypt’s record 15.7 million tourist arrivals in 2024, exceeding the previous 2010 peak. The target had been nearly 18 million, but regional geopolitical events prevented it.
Committee members believe Egypt could double that result in coming years. The aim is to exceed 30 million visitors by 2030, or 2032 at the latest, supported by a strategic plan with annual milestones.
Madbouly raised public questions about dollar earnings from exports, tourism and real estate and why they were not fully visible in Egypt’s banking sector. Citing 15.7 million tourists and average spending of approximately US$950, he referred to expected revenue of US$15.5 billion and asked whether banks had received that amount.
He invited proposals to ensure foreign-currency earnings circulate within Egypt, with unrestricted movement in and out but transparent oversight, according to the Egyptian Cabinet’s official Facebook page.
Each committee will meet monthly with relevant ministers. He suggested members first meet separately to agree broad priorities, urgent challenges requiring government support and medium- and long-term goals.
Meetings may take place at a venue chosen by members or Cabinet premises in Qasr Al-Aini or the New Administrative Capital. Each committee should select a coordinator to compile ideas, communicate with Cabinet, request data and arrange official meetings.
The coordinator is an organizational contact, while all members can contribute. Cabinet will assign two young researchers to provide logistical assistance.
Madbouly proposed beginning the following Tuesday, meeting two committees weekly so all six are covered within three weeks. Members were asked to organize their internal meetings and indicate readiness.
He said agreed, feasible ideas will be implemented and committee members will help monitor execution. Government sometimes identifies obstacles after decisions are issued; sector representatives can flag delays, nonimplementation or agency-specific barriers, helping correct errors and ensure decisions take effect.
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