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וייטב הדבר, Joseph’s basic advice as well as his outline of how to execute his plan

וייטב הדבר, Pharaoh approved of Joseph’s suggestion as did his ministers as they all understood that it was a wise and practical plan. They realised that it was very likely that Joseph’s interpretation of the dream was correct. They were furthermore very impressed by the chief of the cup-bearers who had told them how Joseph’s interpretation of both his and the chief baker’s dreams had come true. Moreover, Joseph had not claimed that the realisation of the dream would be in the distant future, but by seizing on the word והנה twice at the very beginning of Pharaoh’s dream and again in verse 29, he had made it plain that these predictions would come true in short order.

ובעיני כל עבדיו וייטב הדבר בעיני פרעה, “the matter (advice) was viewed favourably by Pharaoh and by all his servants.” Pharaoh’s servants realised that Joseph’s advice to Pharaoh was sound and that the Royal Palace, the wealthy classes as well as the poor in Egypt stood to gain from following Joseph’s advice. This is why they concurred and expressed their approval of the plan Joseph had outlined.