Daily News Egypt

EGP 942bn investments in government’s development plan for FY 2018/19 - Daily News Egypt

Advertising Area



Advertising Area




EGP 942bn investments in government’s development plan for FY 2018/19

The government’s economic and social development plan for fiscal year (FY) 2018/19 includes total investments of EGP 942bn. The new plan marks a 46% increase compared to FY 2017/18. The plan was revealed by Prime Minister Sherif Ismail during a cabinet meeting on Thursday. Ismail explained that it is the largest investment plan in Egyptian …


The government’s economic and social development plan for fiscal year (FY) 2018/19 includes total investments of EGP 942bn. The new plan marks a 46% increase compared to FY 2017/18.

The plan was revealed by Prime Minister Sherif Ismail during a cabinet meeting on Thursday. Ismail explained that it is the largest investment plan in Egyptian history, and it will be implemented by government bodies and the private sector.

He added that the most important projects prioritised by the government in the new budget are the development of education and health and the implementation of the new comprehensive national health insurance system.

Furthermore, the cabinet aims to restructure the ministries so that the transition to the New Administrative Capital is also accompanied by improvement in performance.

Ismail explained that government authorities and ministries are to be transferred to the New Administrative Capital by mid-2019.

Advertising Area

Advertising Area



https://www.dailynewsegypt.com/2018/03/31/egp-942bn-investments-governments-development-plan-fy-2018-19/
Breaking News

No current breaking news

Daily News Egypt Android App Available for free download on Google play
View
Daily News Egypt Ios App Available for free download on APP Store
View
Social Media Auto Publish Powered By : XYZScripts.com