The study aimed to study and analyze the parameters, indicators and determinants of sectoral and regional inclusive growth in Egypt during the period 2007-2021. The standard and standard statistical indicators were used in addition to using multiple regression models to estimate the most important determinants of inclusive growth in Egypt during the study period.
Results of the study during the period 2007-2021:
- Annual growth rate of national output, value added by factors of production, national investments, domestic savings and capital formation was about 16%, 16.1%, 12.6%, 12.1% and 14.5% respectively at 1% statistical significance level, The statistical significance of the annual growth rate of net foreign investments has not been proven at different significance levels.
- The average unemployment rate was 10.4% for total, 5.6% for males and 4.8% for females, the average poverty rate was 26.3%, The average number of small enterprises was 16.8 thousand, the average amount spent on small-enterprises was about Pound1818.5 million, the average number of small-enterprises was about 167.5 thousand, the average amount spent on micro-enterprises was about Pound1,487 million and total loans averaged about Pound 854.5 billion.
- Average government expenditure, average education sector expenditure, average health sector expenditure and average agricultural sector expenditure was about 819.5, 89.5, 39.7 and 125.5 billion pounds respectively. the Government has endeavored to provide support, grants and social benefits, averaging Pound198.5 billion, while external grants averaged an average of TC grants and net development assistance of approximately $1056.7 million, 186,2305.2 million, respectively, during the study period.
- The main indicators and benchmarks of inclusive growth in the agriculture sector: average value added and average investments in the sector were about 326.1 In the industry, the average value added and average investments in the sector were about 992.5 billion, 176.4 billion, respectively, while in the industry, the average value added and average investments in the sector were about 7.4 million, while in the services sector, the average value added and the average investments in the sector were about 1470.6, Pound217.7 billion, respectively, while sector workers averaged about 14.1 million during the study period.
- The results of the statistical analysis of Egypt's most important determinants of inclusive growth using the multiple regression method, 1% increase in unemployment has been shown to increase the number of poor by 0.27%, and a 1% increase in the exchange rate increases the number of poor by 0.45%.
The study recommends the need for a package of economic and financial adjustments and affirmative action to reflect the return of economic growth on equitable income distribution, low unemployment rates and equity to reduce the number of poor to achieve the quality of life and the economic and social well-being of Egyptian society.