Cairo – Mubasher: Prime Minister Mostafa Madbouly stated that the Egyptian government plans to increase national investments to a minimum of EGP 200 billion during fiscal year (FY) 2020/2021.
The current investment plan amounts to EGP 140 billion, compared to EGP 100 billion in the previous year, the cabinet said in a press release.
The government aims to implement the largest number of projects during this period, to offer better services and create new employment opportunities.
Remarks by the Prime Minister’s came during his meeting with the Minister of Planning and Economic Development, Hala El-Said, to discuss key points related to the national investment plan.
Madbouly further tasked the minister with meeting other cabinet members to coordinate efforts in achieving their respective ministries' plans and projects.