Planning Minister
Said's remarks came during a session under the title of "Development Partners", held on the sidelines of the Fourth Edition of the World Youth Forum in Sharm El-Sheikh.
Senior officials and workers of the Planning and Economic Development Planning Ministry honored Thursday Minister Hala el Saeed, as she has won the Arab Government Excellence Award as the best Arab minister.
Saeed reviewed the implementation of initiative 'Ma Yeghlash Aleik' (not expensive for you) to stimulate consumption and encourage demand for local products.
In May 2020, inflation rate hit 5 percent while unemployment was estimated at 7.5 percent and trade balance deficit declined to 36 percent, she said.
This came in a report released by the Ministry of Planning and Economic Development on extra funding and budget surplus in the fiscal year 2019/2020.
The government targets to boost investments in the higher education sector by 100 percent and IT sector by 300 percent, the minister added.
This came in a report published by the Ministry of Planning to give analysis on the development of some indices related to the economic and social performance during the third quarter of the current fiscal year 2019/2020.
Saied was delivering a speech on Tuesday before the plenary session of the House of the Representatives about the socio-economic plan for 2020-2021
The government will offer a package of assistance like the package of 30 billion pounds it offered during the 2008-2009 global crisis, the minister said.
The investments include about EGP 4.6 billion for drinking water projects with the aim of providing full access to potable water
Minister of Planning, Follow-up, and Administrative Reform Hala al-Saeed stated the figures on Egyptian Women Day.
All state institutions are cooperating to realize digital transformation, she said.
Planning Minister Hala el Saeed has inaugurated "Egypt Day" as part of the closing activities of the second edition of the Arab Sustainable Development Week
Planning Minister Hala el Saaed said that the value of government investments earmarked to the development of New Valley is estimated at 2.48 million pounds in fiscal year 2018/19.
The establishment of the fund on international standards aims at achieving good management of state assets.
Saeed added that the volume of reserves now covers nine months of imports, compared to three months in 2012.
Saeed added that the volume of reserves now covers nine months of imports, compared to three months in 2012.
The 2018-2022 sustainable development plan, including the first-year plan of 2018-2019, aims at developing archaeological sites and cultural services nationwide.
Saeed clarified that this amount is 20 percent higher than the allocations of last fiscal year.
The minister added that within the targeted four years, a higher investment rate will be achieved to reach 25 percent.
Most Read
