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Home Egypt

Planning Ministry launches “Incentives for Performance Excellence in Public Investment Management Initiative for 2nd year

by Gazette Staff
April 9, 2023
in Egypt, Business
Planning Ministry launches "Incentives for Performance Excellence in Public Investment Management Initiative for 2nd year 11 - Egyptian Gazette
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The Egyptian Planning Ministry announced on Sunday launching “Incentives for Performance Excellence in Public Investment Management at the Local Level” initiative for the second year in a row after the success achieved in 2022/2023 fiscal year.

 

The value of the additional incentives granted to winning governorates amounted to about EGP 1.9 billion.

 

The initiative aims to encourage the offices of all governorates to adopt the most effective international practices in the fields of planning, follow-up, performance evaluation, public spending management, and the development of work systems in local administration, Planning Minister Hala el Saeed said.

 

Based on the results of the 2022/2023 evaluation, which was supervised by experts from the Institute of National Planning, 6 governorates obtained a 100% evaluation, namely (Giza, North Sinai, Sharkia, Minya, Menoufia, and Kafr El-Sheikh).

 

Moreover, 13 governorates obtained an evaluation rate ranging between (75-92%).

Tags: incentivesMinistryperformancePlanning

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