Abstract:
The current study aims to suggest a mechanism for achieving economic sustainability in Egypt while also
considering the environmental consequences. Egypt is an Arab and Islamic country. The study’s goal is to revise
the traditional system of national accounts, which measures a country’s economic performance and identifies all
economic changes without accounting for environmental and social costs; as a result, the study introduces a national
income account adjustment that assesses the depreciation values of depleted resources on the one hand, and the
monetary values of environmental retreat on the other. The study employed descriptive and analytical approaches to
evaluate both modern ideas of sustainable development and the Egyptian sustainable development plan. The study
indicates that data on natural resources must be acquired in an effective and timely manner to execute the proposed
strategy. Finally, the study concludes that adjusting national income accounts and calculating sustainable income
on a global scale, particularly for developing countries, will have a significant impact on achieving the Sustainable
Development Goals, and that it may lead to a review of national comparison criteria based on sustainable income
rather than current income.
