The Ministry of Planning and Economic Development detailed Saturday the “Citizen Investment Plan”, a government blueprint for improving living standards of citizens in various governorates, for Kafr el-Sheikh during the fiscal year 2020/21.
The plan, the ministry said, is being implemented for the second year in a row seeking to achieve greater participation by the citizens in its making and follow-up.
Minister of Planning and Economic Development Hala el-Saeed said the plan contains sustainable development priorities for the new fiscal year as well as the economic indicators of each governorate.
It also includes investments figures allocated for each governorate within the state budget, the minister said, noting that the plan is evidence-based and makes use of databases and performance indicators in all development areas in Egypt’s 27 governorates.
Saeed revealed that around 353 projects would be implemented in Kafr el-Sheikh within the 2020/21 budget.
She added that LE3.2 billion (roughly $206 million) would be allocated for the governorate within the same budget, noting that this amount is 23 per cent higher than the investments allocated for the same governorate during the previous fiscal year.
Investments earmarked for Kafr el-Sheikh make up 2.1 per cent of overall national investments in the budget, the minister said.
Saeed said that 39.8 per cent of these investments would go to the housing sector in the governorate and 17.4 per cent to the transport sector.
Discussion about this post