Egypt’s Damietta receives LE4.2B in public investments in FY2020/21

  • Date: 12-Jan-2021
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Egypt’s Damietta receives LE4.2B in public investments in FY2020/21

FILE - Fayoum's Wadi Al Rayan







CAIRO - 12 January 2021: Minister of Planning and Economic Development Hala El-Said has said that Damietta Governorate received LE 4.2 billion in public investments as part of the fiscal year (FY) 2020/21plan.

 

El-Said also said that this year's public investments budget for the governorate is a 29% increase from the previous plan.

 

She added that a total of 226 development projects have been set up in the governorate, which has benefited from a 31% increase in investments financed by the public treasury.

 

The Ministry of Planning and Economic Development announced the features of the “Citizen Investment Plan” in Damietta Governorate for FY 2020/21.

 

The announcement came as part of the ministry's continued roll-out of its nationwide citizen plan for the second year in a row. The plan intends to activate community participation and involve citizens in planning and follow-up.

 

During her announcement