Value of Egypt’s public investments in FY2021/22 set at LE1.25T

Value of Egypt’s public investments in FY2021/22 set at LE1.25T

FILE - Minister of Planning and Economic Development Hala al-Said







CAIRO - 20 April 2021: Minister of Planning and Economic Development Hala el-Said announced Monday that the value of prospective public investments in the fiscal year 2021/2022 is set at LE 1.25 trillion.

 

The Ministry of Planning and Economic Development disclosed Monday the most prominent features of the investment plan for the fiscal year 2022/21 and the general directions of the sustainable development plan for that year.

 

El-Said said the budget reflects the growth of investments directed to the productive sectors by 125%, with a growth of investments directed to human development by 70%, and growth of investments directed to service sectors by 30%.

 

El-Said indicated that the most important goal of the sustainable development plan for the fiscal year 2022/21 is enhancing the role of public spending in social protection and gender issues while directing public