Egypt assigns EGP 74bn to agricultural sector in 2021/22: Planning Minister
- Date: 01-Jun-2021
- Source: Salaam Gateway
- Sector:Agriculture
- Country:Egypt
Egypt assigns EGP 74bn to agricultural sector in 2021/22: Planning Minister
Published 01 Jun,2021 via Daily News Egypt - Egypt's Minister of Planning and Economic Development Hala El-Said has revealed that EGP 74bn has been allocated to the agricultural sector as part of the plan.
Speaking during her review of the fiscal year (FY) 2021/22 investment plan before the Senate, El-Said indicated that the fourth chapter of the plan deals with objectives for each sector and its development.
The minister said that agricultural sector targets include: increasing the gross domestic product (GDP) from agriculture at current and constant prices by more than 9% and 3.6%, respectively; directing total investments of about EGP 73.8bn to the sector; and developing agricultural exports by 20%.
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