Egypt’s Ismailia receives LE7.2B worth of public investments in FY 2020/21

  • Date: 15-Dec-2020
  • Source: Egypt Today
  • Sector:Economy
  • Country:Egypt
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Egypt’s Ismailia receives LE7.2B worth of public investments in FY 2020/21

CAIRO - 13 December 2020: The Ministry of Planning and Economic Development unveiled Saturday the features of the Citizen Investment Plan in Ismailia governorate in FY 2020/21 within the program taking place for the second year in a row.  

Minister of Planning and Economic Development Hala El-Said explained that the Citizen Investment Plan includes the most prominent features of the sustainable development plan for the fiscal year 2020/21 at the national level, and the most important economic indicators for each governorate represented in the gross domestic product, the real growth rate, the unemployment rate, and the number of employed.

El-Said added that the Citizen Plan is based on evidence-based planning by making use of databases and performance measurement indicators in all developmental areas in the 27 governorates of the Republic, in a way that ensures bridging development gaps between the different governorates.

Regarding the Citizen Investment Plan in Ismailia Governorate, El-Said noted that the number of development projects in the governorate amounts to 222 projects and that the value of public investments allocated to Ismailia Governorate in FY2020/21 is LE 7.2 billion, representing 2.8% of the public