Ministry of Planning
The tourism sector occupies a special importance for the Egyptian economy for several reasons, namely that it is a dynamic sector characterized by high growth rates and its large sectoral contribution to GDP growth.
Minister of Planning and Economic Development Hala El-Said, stressed that electric energy is the mainstay for comprehensive development, as all industrial, agricultural, tourism, urban, and service sectors depend on it to operate their facilities and generate added value.
These investments include LE 16.6 billion in oil refining industries and LE 109.1 billion in non-petroleum transformative industries.
The PMI report indicated that the index scored 49.1 points during July 2021, in addition to the Egyptian labor market moving to the scope of expansion in July 2021 for the first time since October 2019, according to a statement issued, Wednesday.
El-Said added that the Global Extension Impact Index depends in its measurements on 4 main areas, namely: the environmental and social repercussions resulting from trade, direct cross-border flows, especially air and water pollution, international economic and financial flows, peacekeeping and security repercussions.
Egypt always seeks to be in partnership with African countries and institutions; given the challenges facing African states and the opportunities they have, Saeed said during her meeting on Monday with AFC's President and Chief Executive Officer Samaila Zubairu.
This amount has been earmarked based on a program and performance-based budgeting approach to the 2021/2022 fiscal year plan, he added.
El-Said clarified that the completed projects are in six sectors: education, housing, transportation, irrigation, electricity, and local development.
This came in a statement by the Ministry of Planning today its participation in preparing the chapter on the Middle East and North Africa in the Global Food Policy Report 2021, which is issued by the International Food Policy Research Institute (IFPRI).
Kamali pointed out in a statement, Tuesday, the need for African countries to strongly move towards digital transformation and to increase investment in it.
The ministry added in a statement, Monday, that the number of development projects in the governorate reaches 226 projects.
This came in a statement issued on Wednesday by the Ministry of Planning about the meeting between Said and South Korean Ambassador to Egypt Hong Yin Wook.
Egypt’s Ministry of Planning and Economic Development issues a report on population growth rates within the 2020/2021 plan.
Housing and development of informal settlements account for LE 1.1 billion or 38.5 percent of Luxor’s total investments in 2020/21.
El-Said stressed the importance of the private sector's participation in the design, implementation, and follow-up of the structural reforms program as a key partner for development.
The Minister of Planning, Hala Al-Saeed, said in a statement, Tuesday, that the initiative is a popular initiative to face the economic effects of coronavirus,
ET reviews the most prominent projects implemented in the antiquities sector as stated in the government's report “Harvesting the construction phase for the fiscal year 2018/2019”.
The Ministry of Trade is working with all bodies concerned to improve the quality of the Egyptian products to increase competitiveness in the foreign markets.
The projects have been completed at a total cost of EGP 490 billion.
Saeed said that Egypt came in third rank as regards the increase in economic growth rates, according to The Economist magazine.